M/S XALTED INFORMATION SYSTEMS PRIVATE LIMITED ,BANGALORE vs. THE INCOME TAX OFFICER WARD-7(1)(2), BANGALORE
In the result, the appeal by the assessee is allowed
ITA 821/BANG/2019[2014-15]Status: DisposedITAT Bangalore26 Feb 2020AY 2014-15
Bench: Shri N.V. Vasudevan & Shri A.K. Garodia
For Appellant: Shri S. Parthasarathi, AdvocateFor Respondent: Shri Manjeet Singh, Addl. CIT(DR)(ITAT), Bengaluru
Section 80Section 80I
Depreciation and Amortization
1,39.088
24,06,465
10,93,908
36,39,461
Expense
Others
23,20,117
4,01,42,147
1,82,47,433
6,07,09,697
Total Expenses (IV)
84,58,084
14,63,39,883
6,65,21,784
22,13,19,751
4,85,42,592
Profit before exceptional