DCIT, New Delhi M/s. Ackruti Safegaurd Systems Pvt. Ltd., Navi Mumbai

Last updated: 22 December 2020
Quick Summary
This appeal concerns the assessment year 2012-13 for Ackruti Safeguard Systems Pvt. Ltd., a company involved in manufacturing and trading high-security number plates. The Assessing Officer noted that the company's business had not commenced by the end of the financial year. The assessee initially filed a return showing a loss, which was later revised to a larger loss. Following scrutiny, the assessment framed under section 143(3) determined a reduced total loss.

Court :
ITAT New Delhi

Brief :
This appeal filed by the Revenue is directed against the order dated 26.09.2016 of the Commissioner of Income Tax (A)-I, New Delhi relating to Assessment Year 2012-13.

Citation :
ITA No.6173/Del/2016

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