M/S KARLE INTERNATIOAL PRIVATE LTD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

In the result, the order of the income tax appellate tribunal

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

234D of the Act on the facts and circumstances of the case? 2. Facts leading to filing of this appeal briefly stated are that the assessee is a private limited company engaged in the business of manufacture and 4 export of readymade garments. The assessee for the Assessment year 2008-09 filed the return of income declaring total income

PR COMMISSIONER OF INCOME TAX vs. M/S UNITED SPIRITS LTD

Bench: S.SUJATHA,RAVI V HOSMANI

234D of the Act further disallowing foreign exchange loss. The assessee preferred appeal before the CIT[A] which came to be partly allowed. Hence, the assessee as well as the Revenue both preferred appeals before the Tribunal. The Tribunal has restored the first four issues to the file of the Assessing Authority and dismissed the appeal of the Revenue with