Karnataka Road Development Corporation Limited , Bangalore Vs Income Tax Officer Ward-4(1)(2), Bangalore

Last updated: 26 November 2020
Quick Summary
The Karnataka Road Development Corporation Limited (KRDCL) appealed against the Income Tax authorities' decision to deny depreciation claims on bridges for the assessment years 2013-14 and 2014-15. KRDCL argued they were not the owners and did not use the bridges for their business. However, during the hearing, KRDCL decided not to pursue the depreciation claim on the bridges. Consequently, the Income Tax Appellate Tribunal dismissed both of KRDCL's appeals as not pressed.

Court :
ITAT Bangalore

Brief :
These are appeals by the assessee against two orders both dated 28.12.2017 of CIT(A)-4, Bangalore, relating to Assessment Years 2013-14 and 2014-15.

Citation :
ITA 1081/BANG/2018

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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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