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1 result for “depreciation”+ Section 10(46)clear

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Key Topics

Section 2637Section 143(3)2

NORTH BIHAR POWER DISTRUBUTION CO. LTD,PATNA vs. PR. CIT-1, PATNA

In the result, appeal of the assessee is allowed

ITA 224/PAT/2022[2017-18]Status: DisposedITAT Patna30 Mar 2023AY 2017-18

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2017-18

For Appellant: Shri Ankit Kumar,FCAFor Respondent: Smt. Rinku Singh, Addl. CIT, DR
Section 143(3)Section 263Section 263(1)Section 263(2)

46,52,052/-. Case of the assessee was selected for complete scrutiny under CASS for which statutory notices were issued and served on the assessee and were duly complied with. Assessment was completed u/s. 143(3) of the Act determining total loss at Rs.807,63,74,159/- after making an addition of Rs.48