M/S RANGSONS ELECTRONICS PVT. LTD.,,MYSORE vs. CIT, BANGALORE
In the result, appeal of the assessee is allowed
ITA 448/BANG/2015[2010-11]Status: DisposedITAT Bangalore20 Oct 2015AY 2010-11
Bench: Smt. Asha Vijayaraghavan & Shri. Abraham P. Georgei.T.A No.448/Bang/2015 (Assessment Year : 2010-11) M/S. Rangsons Electronics P. Ltd, No.347/D1 & 2, Electronics City, Hebbal Industrial Area, Mysore 570 016 .. Appellant Pan : Aaacr8750R V. Commissioner Of Income-Tax (Central), Bangalore .. Respondent Assessee By : Shri. Dinesh P, Advocate Revenue By : Shri. Sunil Kumar Agarwala, Jcit Heard On : 15.10.2015 Pronounced On : 20.10.2015 O R D E R Per Abraham P. George:
For Appellant: Shri. Dinesh P, AdvocateFor Respondent: Shri. Sunil Kumar Agarwala, JCIT
Section 10ASection 263
carried forward towards the succeeding year from Rs.1,94,23,422/- claimed by the assessee to Rs.1,13,57,050/-. He had also made a detailed computation of the income of the assessee starting from the profit before tax Rs.12,92,140/- and arriving at a loss of Rs.6,28,631/- after making various allowances and disallowances