Judgement

ITAT remands Rs 4.90 crore depreciation disallowance dispute to CIT(A), directing fresh adjudication after considering the assessee’s natural justice grievance.

Natural Justice Breach: ITAT Sets Aside CIT(A)'s Order, Remands Rs 4.90 Crore Depreciation Dispute

The ITAT Delhi directed CIT(A) to provide three effective opportunities before deciding depreciation claim.

ITAT Remits Bogus Depreciation Disallowance for Fresh Adjudication 

ITAT remands taxpayer’s Rs 4.90 crore depreciation dispute to CIT(A) for fresh adjudication, citing natural justice concerns and need for further opportunity.

ITAT Remands Rs 4.90 Crore Depreciation Dispute to CIT(A), Cites Natural Justice Concerns and Need for Further Opportunity

ITAT deleted the Rs 1.13 crore transfer pricing adjustment after finding that depreciation was treated inconsistently while comparing the assessee’s operating margin with comparable companies.

ITAT Deletes Rs 1.13 Crore Transfer Pricing Adjustment, Flags Inconsistent Depreciation Treatment

ITAT remands Rs 75.07 lakh depreciation disallowance to the AO for fresh assessment after directing verification of the correct WDV and supporting evidence.

WDV Mismatch in ITR: ITAT Remands Rs 75.07 Lakh Depreciation Disallowance Dispute to AO for Fresh Assessment

The ITAT Pune dismissed the Revenue’s appeal against Capgemini Technology Services India Ltd. for AY 2018-19

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Natural Justice Breach: ITAT Sets Aside CIT(A)'s Order, Remands Rs 4.90 Crore Depreciation Dispute

ITAT Remits Bogus Depreciation Disallowance for Fresh Adjudication

ITAT Remands Rs 4.90 Crore Depreciation Dispute to CIT(A), Cites Natural Justice Concerns and Need for Further Opportunity

ITAT Deletes Rs 1.13 Crore Transfer Pricing Adjustment, Flags Inconsistent Depreciation Treatment

WDV Mismatch in ITR: ITAT Remands Rs 75.07 Lakh Depreciation Disallowance Dispute to AO for Fresh Assessment

ITAT Pune Upholds Company's Depreciation on Goodwill and ESOP Expense Deduction