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2012 (11) TMI 676 - HC - Income TaxMAT - Whether the Tribunal was justified to hold that provision for wages of Rs. 48,19,00,000/- should be set off against the income for assessment year 1989-90 for computation of taxable income for the assessment year 1990-91 for the purpose of section 115 J of the Income Tax Act? - held that:- revenue could not satisfy that because of this decision of I.T.A.T. there will be any variation in the tax effect. - Therefore, there is no need to answer this question and the appeal is liable to be dismissed because it is not affecting the revenue in any manner. - Decided against the revenue.
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