ASSTT COMMISSIONER OF INCOME TAX, CIRCLE - 1(1), RAJKOT, RAJKOT vs. SYMBOSA GRANITO PRIVATE LIMITED, WANKANER

In the result, appeal filed by the revenue is a dismissed

194/-, from business and profession and Rs. 54,021/-,\nfrom short-term capital gains. The company has set off brought forwarded\nlosses against income of Rs.1,16,17,215/-. The assessee-company is engaged in\nthe manufacturing of Ceramic Vitrified Tiles. In this case, a search action was\ncarried out on 16/12/2020 at the business premise of the assessee -company