M/S RAMSOFT TECHNOLOGIES PVT. LTD.,,BANGALORE vs. DCIT, BANGALORE
In the result, the appeal filed by the assessee is allowed
ITA 1460/BANG/2015[2008-09]Status: DisposedITAT Bangalore30 Jun 2016AY 2008-09
Bench: Smt. Asha Vijayaraghavan & Shri Inturi Rama Raom/S.Ramsoft Technologies Pvt. Ltd. No.104A, 4Th Cross, Electronic City, Hosur Road, Bangalore-561229. … Appellant Pa No.Aaacr 6948 R Vs. Deputy Commisioner Of Income-Tax, Circle 12(4), Bangalore. … Respondent
For Appellant: Shri Ramasubramanian, CAFor Respondent: Shri Sunil Kumar Agarwala, JCIT(A)
Section 10ASection 143(1)Section 143(3)Section 147Section 148Section 14A
reassessment is bad in law.
4. That the learned Commissioner of Income Tax
(Appeals) could not have recorded the reason that the income has escaped assessment because of the loss of the earlier year have to be set-off before allowing the deduction u/s 10A of the Act, as the Hon'ble ITAT Bangalore Bench had held that such
