INCOME-TAX OFFICER vs. SAFE PRO PACK LTD.,, PUNE
In the result, the appeal of the Revenue is dismissed
ITA 1545/PUN/2016[2008-09]Status: DisposedITAT Pune06 Jun 2018AY 2008-09
Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita No.1545/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Year : 2008-09 वष"
For Appellant: Shri C.H. NaniwadekarFor Respondent: Shri Sanjeev Ghei
Section 10BSection 115JSection 143(3)Section 28Section 32(2)Section 72
44D of the Act which includes section 32(2) impliedly, the effect to section 32(2) has to be necessarily given before arriving at net profit and gains from business or profession. Further for computing the total income the effect to provisions of section 72 has to be given and what remains finally is a total income of eligible business
