Additional Depreciation Disallowed Under Income Tax Act

Disallowance of additional depreciation u/s 32(1)(iia) of the Income Tax Act, 1961

Quick Summary

This Income Tax Appellate Tribunal case concerns the disallowance of additional depreciation claimed by M/s. Hero MotoCorp Ltd. for the assessment year 2008-09. The Revenue appealed the CIT(A)'s decision to grant relief to the assessee. However, the Tribunal upheld the CIT(A)'s order, dismissing the Revenue's grounds of appeal.

Court :
INCOME TAX APPELLATE TRIBUNAL DELHI

Brief :
This appeal filed by the Revenue is directed against the order dated 02.03.2016 of the Commissioner of Income Tax (Appeals)- 16, New Delhi relating to Assessment Year 2008-09.

Citation :
ITA No. 3537/Del/2016

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1 Year PLAN

1999

(Excl. of GST ₹359)

2 Years PLAN

3499

(Excl. of GST ₹629)

BEST VALUE

3 Years PLAN

4999

(Excl. of GST ₹899)

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Attached File : 1442821_4100_1627283030_ita_no_3537_del_2016_dcit_vs_hero_motocrop_ltd_.pdf

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Judgement posted by

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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