Account of disallowing warrant cost & warranty cost for computing the book profit u/s 115JBV of IT Act
Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
This is a set of two revenue’s appeals for A.Y. 2004-05 and 2005-06 on the quantum assessment and the corresponding cross-objections by the assessee. Revenue has also filed appeal against deletion of penalty u/s 271(1)(c) for A.Y. 2005-06.
Citation :
DCIT, Circle 11(1)
New Delhi.
(Appellant)
Vs.
M/s Invensys India Pvt. Ltd.,
No. 01, Doctors Lane, Gole Market,
New Delhi-110001.
PAN: AABCS 8027 M
(Respondent)
M/s Invensys India Pvt. Ltd.,
No. 01, Doctors Lane, Gole Market,
New Delhi-110001.
(Appellant)
Vs.
DCIT, Circle 11(1)
New Delhi.
(Respondent)
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