In the result, all the appeals of the assessee are dismissed
Bench: Shri Laliet Kumar, Hon’Ble & Shri Madhusudan Sawdia, Hon’Ble
section 115JB of the Act and later filed a revised return on 01- 10-2011 declaring total income of Rs. 66,76,949/- and with total tax payable of Rs. 16,24,560/-. The return was processed u/s 143(1) of the Income tax Act, 1961 raising a total demand of Rs. 16,84,166/-. The directors of the company