BARCLAYS BANK PLC,MUMBAI vs. CIT (INTERNATIONAL TAXATION)-RANGE-1, MUMBAI
In the result, the appeal by the assessee stands partly allowed
ITA 827/MUM/2021[2013-14]Status: DisposedITAT Mumbai03 Jan 2022AY 2013-14
Bench: Shri Shamim Yahya (Am) & Shri Amarjit Singh (Jm)
Section 143(3)Section 144C(13)Section 263Section 37
Gains of -563,809,000
Business/Profession as per
Profit and Loss Account.
Add;
Inadmissible items
5,795,104,378
Less:
Admissible Items{without
-4,524,893,777
considering deduction under section 36(i)(vii)(a) and section 44C of the Act)
Less;
Deduction under section 80
-1,206,122
G
Add:
Total Business Income