M/S.CARBON AND CHEMICALS (INDIA) LTD vs. THE COMMISSIONER OF INCOMETAX, KOCHI
ITR/70/2000HC Kerala01 Mar 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
For Respondent: THE COMMISSIONER OF INCOMETAX
Section 143(1)(a)Section 201Section 256(1)Section 41(1)Section 41(1)(a)
154 ITR 751] and Polyflex (India) Pvt. Ltd. v. CIT
[(2002) 257 ITR 343].
I.T.R. No.70/2000
-:8:-
12. A glance at the history of Section 41 will reveal the purpose
behind the enactment of this provision. Section 41(1) of the 1961 Act
corresponds to Section 10(2)(A) of the Income Tax Act of 1922. In the
decision
