EDIL COMMODITIES LTD,MUMBAI vs DCIT CIR 3(1), MUMBAI

Income Tax Appellate Tribunal, “D” BENCH, MUMBAI

Before: SHRI SHAMIM YAHYA, AM & SHRI AMARJIT SINGH, JM

For Appellant: Shri Vijay Mehta, Shri Ram Tiwari

For Respondent: Shri Ram Tiwari

order of the ld. Commissioner of Income Tax (Appeals). We uphold the order of the ld. Commissioner of Income Tax (Appeals) that the mark to market loss in this case is allowable.

21 & 3576/Mum/2016 M/s. Edel Commodities Limited 33. In the result, these appeals by the assessee stands partly allowed. प�रणामतः �नधा�रती क� अपील� आं�शक �वीकृत क� जाती है । Order pronounced in the open court on 06.04.2018 Sd/- Sd/- (Amarjit Singh) (Shamim Yahya) �या�यक सद�य / Judicial Member लेखा सद�य / Accountant Member मुंबई Mumbai; �दनांक Dated : 06.04.2018 व.�न.स./Roshani, Sr. PS आदेश क� ��त�ल�प अ�े�षत/Copy of the Order forwarded to : अपीलाथ� / The Appellant 1. ��यथ� / The Respondent 2. आयकर आयु�त(अपील) / The CIT(A) 3. आयकर आयु�त / CIT - concerned 4. �वभागीय ��त�न�ध, आयकर अपील�य अ�धकरण, मुंबई / DR, ITAT, Mumbai 5. गाड� फाईल / Guard File 6. आदेशानुसार/ BY ORDER,

EDIL COMMODITIES LTD,MUMBAI vs. DCIT CIR 3(1), MUMBAI