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2 results for “section 68”+ Section 80Iclear

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Key Topics

Short Term Capital Gains2Business Income2Depreciation2Disallowance2

M/S ADVIK HI-TECH PVT LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 8,, PUNE

In the result, appeal of the Revenue in ITA No

ITA 1578/PUN/2017[2011-12]Status: DisposedITAT Pune08 Dec 2020AY 2011-12

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No. 1578/Pun/2017 नििाारण वषा / Assessment Year : 2011-12 M/S. Advik Hi-Tech Pvt. Ltd. Gat No.357/99, Chakan Talegaon Road, Vill- Kharabwadi, Tal. Khed, Chakan, Pune-410 501 Pan : Aacca3106E .......अऩीऱाथी / Appellant बिाम / V/S. The Deputy Commissioner Of Income Tax, Circle-8, Pune.

For Appellant: Shri Sharad ShahFor Respondent: Shri S.P Walimbe

80I(6)?" 3. Whether on the facts and circumstances of the case and in law the Ld. CIT(A) is not justified in holding that the assessee is entitled to claim deduction of its income of the eligible unit u/s 80IA(5) without adjusting the notional brought forward losses of earlier years, ignoring Hon'ble ITAT decision in the case

DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 8,, PUNE vs. M/S. ADVIK HI-TECH PVT.LTD,, PUNE

In the result, appeal of the Revenue in ITA No

ITA 1790/PUN/2017[2011-12]Status: Disposed
ITAT Pune
08 Dec 2020
AY 2011-12

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No. 1578/Pun/2017 नििाारण वषा / Assessment Year : 2011-12 M/S. Advik Hi-Tech Pvt. Ltd. Gat No.357/99, Chakan Talegaon Road, Vill- Kharabwadi, Tal. Khed, Chakan, Pune-410 501 Pan : Aacca3106E .......अऩीऱाथी / Appellant बिाम / V/S. The Deputy Commissioner Of Income Tax, Circle-8, Pune.

For Appellant: Shri Sharad ShahFor Respondent: Shri S.P Walimbe

80I(6)?" 3. Whether on the facts and circumstances of the case and in law the Ld. CIT(A) is not justified in holding that the assessee is entitled to claim deduction of its income of the eligible unit u/s 80IA(5) without adjusting the notional brought forward losses of earlier years, ignoring Hon'ble ITAT decision in the case