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C.I.T. Versus Ratlam Transport

2016 (5) TMI 1225 - MADHYA PRADESH HIGH COURT

Depreciation on the Tetrapack machine - assets not actually put to use - Held that:- Answering the questions against the revenue has held that the depreciation on the Tetrapack machine, be allowed even if the same is kept ready for use. See Commissio .....

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L. Jain, Veena Mandlik For the Respondent : D. S. Kale ORDER Heard on IA No.6577/2015, which is an application for dismissal of appeal. Learned Counsel for the respondent has submitted that on 18.11.2014, this Court has admitted the appeal for final .....

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are as under:- 1. Whether on the facts and in circumstances of the case the ITAT was justified in recalling its order in ITA No.638/IND/95 and reversing the said order in MA No.48/IND/02 after having discussed the issue thoroughly in the body of ord .....

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ion Bench of this Court in the case of Commissioner of Income Tax V/s. Premier Industries (India) Ltd. Decided the following which reads as under :- Mr. G.M.Chaphekar, learned senior counsel for the respondent, per contra, has submitted that once mac .....

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support of this submission, learned senior counsel has brought to our notice a decision of the Tribunal in Speed Automobiles P. Ltd. v. Asst. CIT (2004) 32 ITC 531 as upheld by a Division Bench of this court in CIT v. Speed Automobiles Pvt. Ltd. (20 .....

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preciation on the principle of passive user. Similar view of the Delhi High Court in CIT v. Refrigeration and Allied Industries Ltd. (2001) 247 ITR 12 has been pressed into service. The impugned order of the Tribunal has taken the view that if the as .....

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