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 – Nothing 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

ओरिएंटल बैंक ऑफ कॉमर्स बनाम सहायक आयकर आयुक्त

यश जैनCase Summary

ओरिएंटल बैंक ऑफ कॉमर्स बनाम सहायक आयकर आयुक्त

ओरिएंटल बैंक ऑफ कॉमर्स बनाम सहायक आयकर आयुक्त [2013] ITAT 3783 आयकर अपीलीय अधिकरण दिल्ली पीठ ‘सी’, नई दिल्ली ITA 173/Del/2011, आंकलन वर्ष: 2006-07 श्रीमान सी एम् गर्ग (न्यायिक सदस्य) और श्रीमान एस वी मेहरोत्रा (प्रशासनिक सदस्य) के समक्ष निर्णय … Read More

Oriental Bank of Commerce v. ACIT

Sammed AkiwateCase Summary

Oriental Bank of Commerce v. ACIT

Oriental Bank of Commerce v. ACIT  [2013] ITAT 3783 In the Income Tax Appellate Tribunal Delhi Bench ‘C’: 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