M/S FIL INDUSTRIES LTD,SRINAGAR vs. THE DY COMMISSIONER OF INCOME TAX, SRINAGAR
In the result appeal of the assessee ground no 4 to 4
ITA 417/ASR/2015[2010-11]Status: DisposedITAT Amritsar24 Feb 2023AY 2010-11
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 143(3)Section 250Section 32Section 43(1)Section 80I
c) of the I.T. Act, 1961 are, therefore, initiated on this issue.”
14. The ld. counsel for the assessee further argued and relied on the order of the ld. CIT(A) the relevant paragraph 15 of the CIT(A) order is extracted as below:
“15 ISSUE 8:
DISALLOWANCEOFDEPRECIATIONOFRS.18,92,163/-
ANDRS. 3,10,253/- U/S 32 OF THE ACT. ( ASSESSMENT