TMI Blog2018 (11) TMI 602X X X X Extracts X X X X X X X X Extracts X X X X ..... of this Court in the case of Commissioner of Income Tax-IV Vs. Holcim India Private Limited, (2014 (9) TMI 434 - DELHI HIGH COURT) and judgement in Cheminvest Limited Vs. Commissioner of Income Tax-VI, (2015 (9) TMI 238 - DELHI HIGH COURT). Depreciation on electrical fittings - rate of depreciation - Held that:- As examined the list and would observe that wall mounting fans, copper flexible c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d was not operationalized in the Assessment Year itself. After examining the bills of canteen contractor, which pertained to the earlier period, it has been held that the canteen had been operationalized before the Assessment Year had ended. The factual finding has been upheld by the Tribunal. There is no ground and reason to interfere with the said factual finding. - Decided against revenue - IT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dent-assessee had not earned any dividend or exempt income in this year. Once this factual position is accepted, the issue raised is covered against the Revenue vide decision of this Court in the case of Commissioner of Income Tax-IV Vs. Holcim India Private Limited, (2014) 272CTR 282 (Delhi) and judgement in Cheminvest Limited Vs. Commissioner of Income Tax-VI, (2015) 378 ITR 33(Del). We have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... observe that wall mounting fans, copper flexible cable, tube fitting etc. could possibly fall under the category of electrical fittings whereas certain other items like 4KVA voltage Stabilizer, online UPS 1 KVA etc. may not fall under the category of electrical fittings . However, the disallowance made by the Assessing Officer was ₹ 11,89,000/-. The amount being paltry, we are not inclin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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