THE ITO,, ALAPPUZHA vs. M/S.EXTRAWEAVE P. LTD, ALAPPUZHA
In the result, the appeal filed by the Revenue is partly allowed
ITA 448/COCH/2016[2010-11]Status: DisposedITAT Cochin24 Jun 2022AY 2010-11
Bench: Shri George George K. & Shri Laxmi Prasad Sahum/S. Extraweave Pvt. Ltd. Arattukulangara Complex 264B/Cmc 1 Vs. A.N. Puram, Alapuzha 688011 Sakteeswara Junction Cherthala 688524 Pan – Aabce5438L Appellant Respondent
For Appellant: Shri R. Krishan, CAFor Respondent: Smt. J.M. Jamuna Devi, Sr. D.R
Section 10BSection 10B(3)Section 143(2)Section 195Section 195(6)Section 40
68,30,684
9
M/s. Extraweave Pvt. Ltd.
In this regard the assessee submitted that the profit from the exempted unit is to be calculated on standalone basis and details were submitted.
The AO after considering the submissions of the assessee not agreed to not to set off losses from profit of the eligible unit under Section
