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Section 115J8 Section 14A6 Section 115V4 Section 364 Section 402 Section 143(3)2 Disallowance2 Addition to Income2

DCIT, CIRCLE- 13(1), NEW DELHI vs. JAGSON INTERNATIONAL LTD., NEW DELHI

ITA 6872/DEL/2018[2015-16]Status: DisposedITAT Delhi25 Nov 2022AY 2015-16

Bench: Sh. C. N. Prasaddr. B. R. R. Kumar

For Appellant: Sh. Rajiv Saxena, Adv. &For Respondent: Sh. Rajesh Kumar, CIT DR

Section 115JSection 115VSection 143(3)Section 14ASection 36Section 40

depreciation would may kindly be allowed to be carried forward. 9. It is submitted that ground no. 2 related to disallowance u/s 14A. It is submitted that sec 14A is not applicable as income is already exempt under tonnage tax scheme and this issue has already been examined in earlier years and decided in assessee's favor as tabulated above