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1 result for “depreciation”+ Section 115Bclear

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Key Topics

Section 115J11

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