OCEAN SPARKLE LIMITED,HYDERABAD vs. DCIT., CIRCLE 5(1), HYDERABAD
In the result, appeal of the assessee is dismissed
ITA 1030/HYD/2024[2010-11]Status: DisposedITAT Hyderabad06 Aug 2025AY 2010-11
Bench: Shri Vijay Pal Rao & Shri Manjunatha G
For Appellant: Sri Sourabh Soparkar, AdvocateFor Respondent: Shri Gurpreet Singh, Sr. AR
Section 115JSection 143(2)Section 143(3)Section 14ASection 263Section 801A
43C, as meaning actually paid or incurred according to the method of accounting upon the basis of which profits or gains are computed under section 28/29. That is why, in deciding the question, as to whether the word "expenditure in section 37(1) includes the word 'loss', one has to read section 37(1) with sections
