DCIT, NEW DELHI vs. M/S. DHARAMPAL SATYAPAL LTD., DELHI
In the result, the appeal of the assessee is allowed and the appeal of the revenue is dismissed
ITA 5611/DEL/2013[2004-05]Status: DisposedITAT Delhi08 Jan 2016AY 2004-05
Bench: Shri A.T. Varkey & Shri Prashant Maharishi
For Appellant: Shri R.S. Singhvi, CA and Shri Satyajeet Goel, CAFor Respondent: Ms. Nandita Kanchan, CIT DR
Section 115JSection 132Section 143(3)Section 14ASection 264Section 80I
282/-. Claim of deduction under section 80IC of the Act was made at
Rs.97,37,28,085/ which was restricted to total income, hence the Nil taxable income.
The provisions of section 115JB were applied on the declared book profits of
Rs.67,08,71,105/ and the assessee company paid Minimum alternate tax of
Rs.5,16,76,089/ .
3. Assessment
