DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 1(1)(1), VADODARA, VADODARA vs. GUJARAT STATE ELECTRICITY CORPORATION LIMITED, VADODARA

In the result, the appeal of the assessee is partly allowed for statistical purposes, while the appeal of the Revenue is dismissed

Bench: Dr Brr Kumarshri Siddhartha Nautiyalआयकर अपील सं /Ita No. 1596/Ahd/2024 िनधा"रण वष" /Assessment Year : 2006-07

32A or clause (ii) of sub-section (1) of section 72 or section 73 or section 74 or sub-section (3) of section 74A. (4) Every company to which this section applies, shall furnish a report in the prescribed form from an accountant as defined in the Explanation below sub- section (2) of section 288, certifying that the book profit

THE VARDHMAN STAMPINGS PVT. LTD.,,AHMEDABAD vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(2),, AHMEDABAD

In the result, both the appeals of the assessee are allowed

32A).\nIt is also notified by the Central Government as a recognised association for the\npurposes of clause (e) of the proviso to clause (5) of the said section 43 of the Income-\ntax Act, 1961 (43 of 1961) read with sub-rule (4) of rule 6DDD of the Income-tax Rules,\n1962. Copy of the said notification is attached

THE VARDHMAN STAMPINGS PVT. LTD.,,AHMEDABAD vs. THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(2),, AHMEDABAD

In the result, both the appeals of the assessee are allowed

32A).\nIt is also notified by the Central Government as a recognised association for the\npurposes of clause (e) of the proviso to clause (5) of the said section 43 of the Income-\ntax Act, 1961 (43 of 1961) read with sub-rule (4) of rule 6DDD of the Income-tax Rules,\n1962. Copy of the said notification is attached