OM INFRA LIMITED,JAIPUR RAJASTHAN vs. DCIT, CENTRAL CIRCLE-1, JAIPUR, JAIPUR, RAJASTHAN
In the result, we find no substantial question of law being involved in this appeal
ITA 811/JPR/2023[2015-16]Status: DisposedITAT Jaipur31 Jul 2024AY 2015-16
Bench: DR. S. SEETHALAKSHMI (Judicial Member)
For Appellant: Sh. P. C. Parwal (CA)For Respondent: Sh. A. S. Nehra (Addl. CIT)
Section 115JSection 143(3)Section 154Section 80Section 801C(2)(b)Section 80I
80B(5) of the IT Act. The judgment of Supreme Court in the case of CIT vs.
Kotagiri Industrial Co-operative Tea Factory Ltd. (supra) is directly on this issue and supports this view. In this case, Hon’ble Supreme Court has held that in order to arrive at the "gross total income" defined under s.80B(5), brought forward business
