M/S. KRISHAK BHARTI COOPERATIVE LTD.,NEW DELHI vs. ACIT, NEW DELHI
In the result, the appeal of the assessee in ITA No
ITA 2341/DEL/2017[2010-11]Status: DisposedITAT Delhi29 Dec 2021AY 2010-11
Bench: Shri Anil Chaturvedi & Shri Kul Bharat
Section 143(3)Section 14ASection 263
35B etc. Even in Chapter VI, deductions for set off or carry forward of loss is allowed. Fourthly and lastly, certain deductions were permissible under Chapter VII and Chapter VIII and which had been substantial or partly replaced and were placed under Chapter VIA.
These were deductions which were reduced from the income computed in accordance with the earlier provisions/Chapters