Financial Software and System Pvt. Ltd. v. DCIT

Samiksha UniyalCase Summary

Financial Software and System Pvt. Ltd. v. DCIT

Financial Software and System Pvt. Ltd. v. DCIT In the Income Tax Appellate Tribunal ITA 2126-2127/CHNY/2019 Before Mr I.R. Rao (Accountant Member) and Mr D.R.L. Reddy (Judicial Member) Decided on March 17, 2020 Relevancy of the Case: Depreciation rate on … Read More

Depreciation Rate for Computer and Related Devices

Samiksha UniyalLaw

Depreciation Rate for Computer and Related Devices

Benjamin Franklin has rightly said –┬аNothing is certain except death and taxes. While no one can run away from taxes, one can always try to decrease the total tax liability. Depreciation rate allowance is one of the ways to reduce … Read More

рдУрд░рд┐рдПрдВрдЯрд▓ рдмреИрдВрдХ рдСрдл рдХреЙрдорд░реНрд╕ рдмрдирд╛рдо рд╕рд╣рд╛рдпрдХ рдЖрдпрдХрд░ рдЖрдпреБрдХреНрдд

рдпрд╢ рдЬреИрдиCase Summary

рдУрд░рд┐рдПрдВрдЯрд▓ рдмреИрдВрдХ рдСрдл рдХреЙрдорд░реНрд╕ рдмрдирд╛рдо рд╕рд╣рд╛рдпрдХ рдЖрдпрдХрд░ рдЖрдпреБрдХреНрдд

рдУрд░рд┐рдПрдВрдЯрд▓ рдмреИрдВрдХ рдСрдл рдХреЙрдорд░реНрд╕ рдмрдирд╛рдо рд╕рд╣рд╛рдпрдХ рдЖрдпрдХрд░ рдЖрдпреБрдХреНрдд [2013] ITAT 3783 рдЖрдпрдХрд░ рдЕрдкреАрд▓реАрдп рдЕрдзрд┐рдХрд░рдг рджрд┐рд▓реНрд▓реА рдкреАрда ‘рд╕реА’, рдирдИ рджрд┐рд▓реНрд▓реА ITA 173/Del/2011, рдЖрдВрдХрд▓рди рд╡рд░реНрд╖: 2006-07 рд╢реНрд░реАрдорд╛рди рд╕реА рдПрдореН рдЧрд░реНрдЧ (рдиреНрдпрд╛рдпрд┐рдХ рд╕рджрд╕реНрдп) рдФрд░ рд╢реНрд░реАрдорд╛рди рдПрд╕ рд╡реА рдореЗрд╣рд░реЛрддреНрд░рд╛ (рдкреНрд░рд╢рд╛рд╕рдирд┐рдХ рд╕рджрд╕реНрдп) рдХреЗ рд╕рдордХреНрд╖ рдирд┐рд░реНрдгрдп … Read More

Oriental Bank of Commerce v. ACIT

Sammed AkiwateCase Summary

Oriental Bank of Commerce v. ACIT

Oriental Bank of Commerce v. ACIT ┬а[2013] ITAT 3783 In the Income Tax Appellate Tribunal Delhi Bench тАШCтАЩ: New Delhi ITA 173/Del/2011, Assessment Year: 2006-07 Before C.M. Garg, J.M. and S.V. Mehrotra, A.M. Decided on March 15, 2013 Relevancy of … Read More