ACIT, CIRCLE 1(2) vs. M/S. SERAJUDDIN AND CO.
ITA/44/2022HC Orissa15 Mar 2023
Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Bivas Pattanayak Date : 26Th July, 2022 Appearance :- Mr. Soumen Bhattacharjee, Adv. … For Appellant Mr. S.M. Surana, Adv. Mr. Bhaskar Sengupta, Adv. Md. Afzal Ansari, Adv. … For Respondent
Section 11Section 11(1)(a)Section 260A
section 11(1)(a) on
administrative and establishment expenses of Rs.3,54,12,977/-.
On this issue, the department has accepted the decision of
Hon’ble Calcutta High Court in the case of Birla Janahit Trust
reported in 208 ITR 372?
(iv)
Whether disallowance of set off of earlier years of losses of
Rs.6,04,16,031/- The Income
