HALDIA PETROCHEMICALS LTD.,KOLKATA vs. ACIT, CIR-8, KOLKATA, KOLKATA
In the result, the appeal of the assessee is partly allowed and appeal of the Revenue is dismissed
ITA 1533/KOL/2015[2003-2004]Status: DisposedITAT Kolkata06 Jul 2018AY 2003-2004
Bench: Hon’Ble Shri P.M.Jagtap, Am & Shri S.S.Viswanethra Ravi, Jm ] Assessment Year : 2004-05
For Appellant: Shri Harakamal Chakravorty, ARFor Respondent: Shr P.K.Srihari, CIT
Section 115J
35D of the Act and was confirmed by the CIT(A) which is evident from para-3 of page-2 of impugned order. Therefore, ground No.1 raised by the revenue is misconceived and is dismissed.
14. Ground No.2 raised by the Revenue is relating to delation of disallowance of Rs.7,23,60,000/- made on account of loss
