THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. M/S GREENPLY INDUSTRIES LIMITED
ITA/6/2023HC Gauhati03 Mar 2025
Bench: Honourable The Chief Justice Honourable Mr. Justice N. Unni Krishnan Nair Date Of Hearing : 25.02.2025 Date Of Judgment & Order : 04.03.2025
For Respondent: B SARMA, DR. ASHOK SARAF,MR P BARUAH,MR. N N
Section 115Section 143(3)Section 260A
Loss Account of the assessee and the amount being capital receipt has
not been objected by the ld. CIT(Appeals) also, who has allowed deduction of the said
amount vide his order dated 25.03.2019 under normal provisions of the Act, however,
the order is silent on the exclusion of the said amount while computing the book
profit under section 115JB
