THE COMMISSIONER OF INCOME TAX vs. M/S MANDOVI MOTORS PVT., LTD.,
Appeal stands disposed of by answering the
ITA/417/2009HC Karnataka18 Aug 2015
Bench: B.MANOHAR,VINEET SARAN
Section 148Section 260ASection 40A(2)(b)
reassessments is bad in law as no addition was made in respect of
the disallowance of depreciation on which assessments were
reopened when the reopening assessments has taken place in respect
of disallowance of rent paid to related at a higher rate contrary to
Section 40A(2)(b