THE ACIT, MORBI CIRCLE,, RAJKOT-GUJARAT vs. M/S. VISHALDEEP SPINNING MILLA LTD.,, MUMBAI
In the result, appeal filed by the Revenue is hereby dismissed
ITA 162/RJT/2015[2007-08]Status: DisposedITAT Rajkot16 Sept 2022AY 2007-08
For Appellant: Shri Shramdeep Sinha, CIT/DRFor Respondent: None
Section 143(3)Section 147Section 148Section 32Section 32(2)
u/s.
148 and reassessment was completed by making various disallowances and we are concerned only with the addition of carry forward of unabsorbed depreciation to the tune of Rs.
5,22,76,985/- belonging to the Assessment years 1996-97 to 1998-
99 which have been set off by the assessee beyond eight assessment years.
3.1. When the assessee challenged
