M/S.L.G PETROCHEMICALS LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, BANGALORE
In the result, the disallowance u/s 40(a)(i) of the I
ITA 1957/BANG/2016[2012-13]Status: DisposedITAT Bangalore18 Mar 2022AY 2012-13
Bench: Shri George George K, Jm & Ms.Padmavathy S, Am
For Appellant: Sri.S.Parthasarathi, AdvocateFor Respondent: Smt.S.Praveena, CIT-DR
Section 143(3)Section 40Section 80I
amount of forfeiture is reflected under the head “capital reserve”. The resolution for issuing the warrant and also the explanatory statement pursuant to section 173(2) of the Companies Act, 1956 is also enclosed wherein the terms of the proposed warrant has been brought out under the head “Intention