ATUL LIMITED,,AHMEDABAD vs. THE DY.CIT (OSD), RANGE-1,, AHMEDABAD
The appeal are dismissed
ITA 2406/AHD/2014[2005-06]Status: DisposedITAT Ahmedabad04 Apr 2022AY 2005-06
Bench: Us, Ld. Counsel For The Assessee Took Us Through The Chronology Of Events Leading To The Rectification Order Passed U/S. 154 Of The Act ,Which Was Carried In Appeal Before The Ld. Cit(A) Who Dismissed The Same & Against Which The Assessee Has Come Up In Appeal Before Us. Ld. Counsel For The
For Appellant: Shri Bandish Soparkar, A.RFor Respondent: Shri B. P. Srivastava, Sr. D.R
Section 143(3)Section 14ASection 154Section 250(6)Section 80GSection 80ISection 92C
House Property and Income from other sources which are not "Profit derived from the business of power and hence not to be considered for deduction
Under Section 80 IA.
3 On setting off the unabsorbed depreciation, the income chargeable to tax be Rs.
12198597/- (Rs. 38338616 –Rs. 26139016) as against “NIL” income assessed.
Incorrect computation of income has thus resulted