DCIT CORPORATE CIRCLE 2(1), CHENNAI vs. FIXIT PVT. LTD., CHENNAI
In the result, the appeal filed by the Revenue is allowed
ITA 2833/CHNY/2017[2001-02]Status: DisposedITAT Chennai26 Jun 2018AY 2001-02
Bench: Shri N.R.S. Ganesan & Shri Abraham P.George
For Appellant: NoneFor Respondent: Mr.N.Gopikrishna, JCIT
Section 10Section 115J
depreciation is nil; or (iv) to (vi) [***]
(vii) the amount of profits of sick industrial company for the assessment year commencing on and from the assessment year relevant to the previous year in which the said company has become a sick industrial company under sub-section (1) of section 17 of the Sick Industrial
Companies (Special Provisions