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2 results for “depreciation”+ Section 11Aclear

Sorted by relevance

Mumbai31Delhi21Kolkata11Bangalore11Lucknow8SC7Indore6Karnataka4Chennai4Cuttack3Pune3Visakhapatnam2Hyderabad1Chandigarh1Telangana1

Key Topics

Section 80I15Section 143(3)4Section 2633Deduction2Disallowance2

NEKKANTI SEA FOODS LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME-TAX, VISAKHAPATNAM

In the result, appeal of the assessee is dismissed

ITA 223/VIZ/2023[2019-2020]Status: DisposedITAT Visakhapatnam25 Jul 2025AY 2019-2020
Section 143(1)Section 143(2)Section 143(3)Section 80I

11A) of the Act amounting to\nRs.64,96,87,896/- on the net profits derived from J. Thimmapuram Unit. The\nLd.AO noticed that assessee has included other revenue in the form of duty\ndraw back amounting to Rs. 10,59,37,013/- and sale of licenses amounting to\nRs.28,16,55,312/- aggregating to Rs.38,75,92,325/-. Accordingly

AQATIC FROZEN FOODS GLOBAL PVT LTD,VISAKHAPATANAM vs. ACIT, CIRCLE1(1), VISAKHAPATANAM

In the result, appeal of the assessee is dismissed

ITA 100/VIZ/2022[2017-2018]Status: Disposed
ITAT Visakhapatnam
27 Sept 2023
AY 2017-2018

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Sri GVN Hari, ARFor Respondent: Dr. Satya Sai Rath, CIT-DR
Section 142(1)Section 143(3)Section 263Section 80I

depreciation and other expenditure. It is also found that the assessee has received an income of Rs. 4,38,01,028/- from Duty Draw Back and Rs. 5,39,69,173/- from MEIS. This Bench by relying on the decision of the Hon’ble 5 Supreme Court in the case of CIT vs. Meghalaya Steels Limited