2024 (1) TMI 428

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s, Addition on account of foreign exchange fluctuation - Addition made on account of disallowance of depreciation - effective ownership - Addition made while computing book profits u/s.115 JB - HELD THAT:- We are not inclined to interfere with the impugned judgment and order passed by the High Court. [ 2017 (5) TMI 1497 - RAJASTHAN HIGH COURT] Hence, the Special Leave Petition is dismissed. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... putation - AO jurisdiction, Allowable business expenditure, Addition u/s 40A - HELD THAT:- Post along with CHAMBAL FERTILIZERS AND CHEMICALS LTD [ 2019 (11) TMI 1581 - SUPREME COURT] Levy of penalty u/s 271(1)(c) - MAT - computation of income u/s 115JB - adjustments towards bad debts - As decided by HC [ 2017 (5) TMI 1606 - RAJASTHAN HIGH COURT] penalty cannot not be imposed on the assessee s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . Aryan Singh Chouhan, Adv. ORDER UPON hearing the counsel the Court made the following. SLP (C) No(s). 8228/2018 [ 2017 (5) TMI 1497 - RAJASTHAN HIGH COURT] Heard the learned counsel appearing for the petitioner. We are not inclined to interfere with the impugned judgment and order passed by the High Court. Hence, the Special Leave Petition is dismissed. Pending applicat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X