Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1993 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (12) TMI 83 - AT - Income TaxExtract: .......t be construed to have the same meaning as in clause (b) of the first proviso to sub-section (1) of section 205 of the Companies Act, 1956, and that the loss must be the loss after charging depreciation to the accounts. In this view, we uphold the decision of the CIT(A) in both the appeals. 16. In the result, the departmental appeals are dismissed.
|