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2021 (3) TMI 1398 - AT - Income TaxApplicability of provision of section 115JB - provision for bad debt - assessee has not produced details of credit balance of provision of bad debt after set off of bad debt of relevant year - HELD THAT:- As decided in assessee own case [2018 (7) TMI 2295 - ITAT JAIPUR] it is held that this issue is covered in favour of appellant. Therefore, provisions of section 115JB are not applicable in assessee's case and it is not to be subjected to MAT. This ground of appeal is allowed. DR has not placed on record any new facts and judicial pronouncements, therefore, considering the totality of facts and circumstances of the case as well as respectfully following the orders of the Coordinate Benches of this Tribunal as well as decision of the Hon’ble Jurisdictional High Court, we do not find any reason to interfere or deviate from the findings so recorded by the ld. CIT(A) and we uphold the same. Appeal of the revenue stands dismissed.
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