DCIT, BANGALORE vs. M/S NOUS INFO SYSTEMS PVT. LTD.,, BANGALORE
In the result, the Revenue’s appeal is dismissed
ITA 63/BANG/2016[2007-08]Status: DisposedITAT Bangalore11 Nov 2016AY 2007-08
Bench: Shri Vijay Pal Rao & Shri. S. Jayaramani.T.A No.63/Bang/2016 (Assessment Year : 2007-08) Deputy Commissioner Of Income Tax, Circle -5(1)(1), Bengaluru .. Appellant V. M/S. Nous Info Systems P. Ltd, No.1, 1St Main, 1St Block, Koramangala, Bengaluru 560 004 .. Respondent Pan : Aaacn4584B Assessee By : Shri. Ujwal Tiwari, Ca Revenue By : Shri. Vijaykumar N, Addl. Cit Heard On : 14.09.2016 Pronounced On : 11 .11.2016 O R D E R Per S. Jayaraman:
For Appellant: Shri. Ujwal Tiwari, CAFor Respondent: Shri. Vijaykumar N, Addl. CIT
Section 10Section 10ASection 143(1)Section 148Section 155Section 72
reassessment proceedings, the Assessing Officer ('AO') made,
inter alia, the following adjustments:
•
Deduction under section 10A at Rs.3,590,789/- has been considered based on original return of income, instead of the claim made at Rs.3,993,274/- as per revised return of income.
•
Carry forward of business losses at Rs.12,378,310/- has not been considered.
2.3. Aggrieved