M/S. NORTH EASTERN ELECTRIC POWER CORPORATION LTD.,SHILLONG vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - SHILLONG, SHILLONG

In the result, the appeal of the assessee in ITA

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

119 of the paepr book and clarification for the above accounting treatment of LPS charges on cash basis made following the Accounting Standard-9 issued by the Instituted of Chartered Accountants of India (in short ICAI) was also mentioned in the notes on account attached to the audited balance-sheet. The ld. Assessing Officer after considering the details filed

M/S. NORTH EASTERN ELECTRIC POWER CORPORATION LTD.,SHILLONG vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - SHILLONG, SHILLONG

In the result, the appeal of the assessee in ITA