DCIT, Cirlce- 16(2), New Delhi Meyer Apparel Ltd., New Delhi
Last updated: 02 January 2021
Court :
ITAT New Delhi
Brief :
Aggrieved by the order dated 6/4/2017 in appeal No. 122/16-17 passed by the learned Commissioner of Income Tax (Appeals)-18, New Delhi (“Ld. CIT(A)”) for the assessment year 2012-13 in the case of M/s MeyerApparel Ltd (earlier known as M/s Givo Ltd), Revenue preferred this appealchallenging the deletion of the addition of Rs. 8, 44, 0 22/-made by the assessing officer by invoking 14A of the Income Tax Act, 1961 (for short “theAct”) read with Rule 8D of the Income Tax Rules1962 (“the Rules”) and alsoreducing the book profit under section 115 JB of the Act; deleting theaddition of Rs. 6, 77, 24, 250/-made by the assessing officer on account of undisclosed sources in the form of trade creditors.
Citation :
ITA No.-4541/Del/2017
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Published in Income Tax
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