M/S KAKKAR COMPLEX STEELS (P) LTDE vs. THE COMMISSIONER OF IT
Appeal is allowed and
ITA/312/2005HC Punjab & Haryana09 Jan 2023
Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA
Section 139Section 142Section 143Section 147Section 148Section 154Section 260ASection 80BSection 80H
44,37,121 – 7,04,345) and it was entitled
for deduction under Section 80HH and 80I to the extent of Rs.7,46,555/-
and Rs.9,33,194/- respectively. Keeping in view that the losses of earlier
years had to be set off while calculating the benefit of exemption, the
excessive deductions claimed under Sections 80HH and 80I were
accordingly
