ACIT, CIRCLE-2, BHARUCH vs. SNS TEXTILES LIMITED,, ANKLESHWAR
In the result, the appeal of the Revenue is dismissed
ITA 407/SRT/2019[2008-09]Status: DisposedITAT Surat09 Nov 2021AY 2008-09
Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Assistant Commissioner Of M/S Sns Textiles Ltd. Income Tax Circle-2, 330-A, Opp. Atul Products Vs Bharuch, 2Nd Floor, Harikunj Ltd., Gidc, Ankleshwar- Building, Above Bank Of 393002 Baroda, Station Road, Pan : Aadcs 4565 N Bharuch-392001 Appellant / Revenue Respondent / Assessee
Section 254(1)Section 260ASection 32(2)(iii)Section 72(3)
section 32(2)(iii)(b) of the Income Tax Act as amended by Finance (NBo.2) Act, 1996 w.e.f. 1st April 1997. 2. On the facts and circumstances of the case and in law, the C.I.T.(A) erred in holding that the disallowance made by the AO on account of carried forward unabsorbed depreciation
