↓ Skip to Main Content
Digest of case laws Online digest of latest case laws
  • Home
  • Articles
  • Ask Your Query
  • Cause List
  • Digest
  • Info
  • Judgements
  • Upload Your Articles & Judgements
  • Others
    • Articles (Old)
    • Asson News
    • Blog
    • Feedback
    • Forum
    • Judgements (Old)
    • Vivad Se Vishwas Scheme Q&A
Home › Income-Tax Act › CIT v. Century Enka Ltd. (2023) 458 ITR 754 (Cal.)(HC)

CIT v. Century Enka Ltd. (2023) 458 ITR 754 (Cal.)(HC)

S. 32 : Depreciation-Additional depreciation-Order of Tribunal is affirmed. [S. 32(1)(iia)]

Dismissing the appeal of the Revenue the Court held that   the Tribunal was justified in allowing the claim of additional depreciation. (AY.2006-07)

‹ DIT (IT) v. IBM India Pvt. Ltd. (2023)458 ITR 86 /149 taxmann.com 185 (Kar.)(HC)
CIT v. Bharti Hexacom Ltd. (2023) 458 ITR 593 / 150 taxmann.com 436 / 335 CTR 1(SC) Editorial : Decisions of the High Courts in CIT v. Bharti Hexacom Ltd (2019) 417 ITR 250 (Delhi)(HC), PCIT v. Bharati Telemedia Ltd (2019) 417 ITR 248 (Delhi)(HC) PCIT v. Vodafone Mobile Services Ltd (2019) 414 ITR 276 (Delhi)(HC), ITA No. 741 of 2017 dt. 13-1-2020 (Bom) (HC) and ITA No. 443 of 2015 dt. 19-7-2018 (Kar.)(HC) reversed./Review petition is dismissed , Bharti Hexacom Ltd. v. CIT (2024) 297 Taxman 368 (SC)/Interest waived , CIT v. Bharti Hexacom Ltd. (2024) 299 Taxman 89 (SC) ›

Latest Judgements

  • Dhanraj Govindram Kella v. ITO (Gujarat High Court)
  • ITO v. Prakash Pandurang Patil (SUPREME COURT)
  • Damani Research Foundation of Medical Sciences v. CIT (E) (Bombay High Court)
  • NEOSKY INDIA LIMITED versus MR. NAGENDRAN KANDASAMY (Delhi High Court)
  • Shree Cement Ltd. v. ACIT & Ors. (Rajasthan High Court)

Latest Articles

  • PUBLIC CHARITABLE TRUSTS AND PTEC IN MAHARASHTRA
  • When the Portal Goes Beyond the Notified Form – The Curious Case of Form No. 35
  • Can a private trust claim the principle of mutuality for tax purposes
  • Black Money in Balance Sheets
  • Taxability in the context of Agriculture and Related Activities

Categories

  • Allied Laws
  • GST Law
  • Income-Tax Act
  • Tax Laws

Recent Posts

  • ITO v. Prakash Pandurang Patil (SC) www. itatonline .org . Editorial: affirming Prakash Pandurang Patil v. ITO. (Bom)(HC), WP No. 10749 of 2024, dt. 12-08-2024.
  • Dhanraj Govindram Kella v. ITO (Guj)(HC) www.itatonline .org .
  • PCIT (Central-2), Kolkata v. Zulu Merchandise Pvt. Ltd ( 2025) 177 taxmann.com 160 (Cal )( HC) Editorial: Zulu Merchandise (P.) Ltd.v. ITO [ITA No. 553/Kol/2024 dated 23-09-2024] (Para 22) Reversed. The Calcutta High Court has reinforced its earlier ruling in Swati Bajaj that penny stock transactions lacking commercial rationale must be tested on human probabilities and can be disallowed even if routed through stock exchange, Demat and banking channels. The judgment is significant as it clarifies that such cases constitute “organized tax evasion” falling under the exception to CBDT’s low tax effect circulars, enabling Revenue appeals irrespective of monetary limits.
  • DCIT v. Kokilaben Chhaganbhai Patel (2025) 343 CTR 280 / 247 DTR 297 / 174 taxmann.com 796 (SC) Editorial : UOI v. Ganpai Dealcom (P) Ltd (Review Petn. (Civil) No. 359 of 2023 in Civil Appeal No. 5783 of 2022, review petition was declined.
  • PCIT v. Mangalore Refinery & Petrochemicals Ltd. (2025) 343 CTR 153 / 246 DTR 121 / 171 taxmann.com 622 (Karn)(HC)

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
    © 2025 The contents of this document are solely for informational purpose. It does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this document, the existence of mistakes and omissions herein is not ruled out. Neither the author nor itatonline.org and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this document nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of itatonline.org.

    Discover more from Digest of case laws

    Subscribe now to keep reading and get access to the full archive.

    Continue reading