INDUSTRIAL PROMOTION AND INVESTMENT CORPORATION OF ORISSA LTD.,BHUBANESWAR vs. DCIT, CORPORATE CIRCLE-1(1), BHUBANESWAR
In the result, appeal filed by the assessee is allowed and that of the
ITA 272/CTK/2017[2010-11]Status: DisposedITAT Cuttack24 Jan 2020AY 2010-11
Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahuassessment Year : 2010-2011
For Appellant: Shri A.K.Sabat/B.K.Mohapatra, ARsFor Respondent: Shri M.K.Gautam, CIT DR
Section 115JSection 143(3)Section 147Section 148Section 14A
u/s. 143(3)1263, the corresponding loss was also reduced to the same extent. The unabsorbed business loss shown in A/Y 2010-11 was therefore, reduced to Rs. 147,84,0861- from Rs.4,51,17,599/-. If the unabsorbed business loss of Rs. 1,47,84,0861-were adjusted against the assessed income
