M/S ROAD LINKS INDIA PVT, LTD.,,BANGALORE vs. ACIT, BANGALORE

In the result, the assessee's appeal for Assessment Year 2002-03 is allowed

Bench: Shri Rajpal Yadav & Shri Jason P. Boaz

Section 271(1)(c) of the Income Tax Act, 1961 (herein after referred to as 'the Act') by the Assessing Officer for Assessment Year 2002-03, with partial modification. 2. The facts of the case, briefly, are as under :- 2.1 The assessee, a company carrying on the business of transporters, filed its return of income for Assessment Year