M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

cash 287.65 lacs 1125.41 lac Share application 75.00 lacs Net deferred Tax lia. 33.17 lacs Current liability and provision 525.48 lacs Total 1459.54 lacs Total 1012.30 lacs Borrowed funds:- Investment 49.46 lacs Secured loans 389.62 lacs Total 496.70 lacs Grand Total 1509.00 lacs Grand Total 1509.00 lacs Thus an analysis of the balance sheet as done above shows that

M/S INDUSTRIAL FILTERS AND FABRICS PVT. LTD.,INDORE vs. THE ACIT 5(1), INDORE

In the result, the appeals filed by the assessee