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)
3. In the return filed for the AY 1995-96, assessee had thus
written back only Rs.30,68,152/- under Section 41(1) of the Act. The
Assessing Officer found that the entire amount of Rs.53,71,650/-
I.T.R. No.70/2000
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ought to be treated as a deemed profit under Section 41(1)(a) of the
Act and that
