ASIANET SATELLITE COMMUNICATIONS LIMITED,THIRUVANANTHAPURAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, THIRUVANANTHAPURAM

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K, Jm

disallowed the claim for the technical reason of the assessee having not filed a revised return, the assessee cannot be disabled from raising the very same claim before the appellate authorities as has been held in NTPC Ltd.'s case (supra). Following NTPC Ltd.'s case (supra) it has also to be found that the necessary facts for claiming

ASIANET SATELLITE COMMUNICATIONS LIMITED,THIRUVANANTHAPURAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, THIRUVANANTHAPURAM

In the result, the appeal filed by the assessee stands allowed