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1 - 10 of 21 (1.46 seconds)Section 14A in The Income Tax Act, 1961 [Entire Act]
Section 234B in The Income Tax Act, 1961 [Entire Act]
Section 234C in The Income Tax Act, 1961 [Entire Act]
Section 115JA in The Income Tax Act, 1961 [Entire Act]
The Commissioner Of Income Tax vs M/S.Yokogawa India Ltd, on 9 August, 2011
In addition to above, the case law CIT v. Yokogawa India Ltd. (2012) 17
taxmann.com 15 (Kar) as discussed above speak only about bad debt written
in the books of account and do not talk about the diminution in the value of
investment. Therefore we hold that facts of the aforesaid case are different
from the facts of the present case before us. Therefore, in our considered
view, the action taken by Authorities Below in connection the diminution in the
value of investment is correct and within the ambit of law.