ACIT, BANGALORE vs. M/S ASHED PROPERTIES AND INVESTMENTS PVT. LTD.,, BANGALORE
Accordingly, the appeal by the Revenue is dismissed, while the Cross Objection by the assessee is allowed
ITA 1302/BANG/2012[2008-09]Status: DisposedITAT Bangalore30 Jul 2015AY 2008-09
Bench: Shri N.V. Vasudevan & Shri Abraham P. Georgeassessment Year : 2008-09
For Appellant: Shri K. Sheshadri, C.AFor Respondent: Shri R. Ravichandran, CIT-III(DR)
Section 132Section 133ASection 143(1)Section 143(2)Section 147Section 148
189
40,82,082
1,76,65,756
(-)
1,30,83,695
4
Profit
12,17,43,218
14,48,33,912
4,73,09,901
9,75,24,011
before tax
5
Provision
4,26,10,126
Nil
1,65,58,465
(-) for current
1,65,58,465
tax
& CO 66/Bang/2013
Page 4 of 17
A plain reading