assessee.
21. Coming to the issue of addition on account on notional
rent where security deposits were received but no rental was
shown, amounting ... income
which is duly subjected to tax in its hands and accordingly
there is no loss to the revenue.
23. This precise issue had come
such loss is notional loss and not realized loss. The AO has claimed that
appellant can account for such loss in Profit & loss account ... follow same accounting policies for providing for M2M
losses/gain and such losses are not notional loss. During the course of
assessment proceedings, appellant
Slocum Investment (P) Ltd. vs Deputy Commissioner Of Income Tax on 24 March, 2006
Equivalent
M/S. Jindal Photo Ltd.,New Delhi vs Acit, New Delhi on 21 May, 2025
M/S Kpmg Assurance And Consulting ... vs Dcit, Cir 16(2), Mumbai on 12 August
Dcit, Cir 16(2), Mumbai vs M/S Kpmg Assurance And Consulting ... on 12 August
Dcit, Cir 16(2), Mumbai vs M/S Kpmg Assurance And Consulting ... on 12 August
M/S Kpmg Assurance And Consulting ... vs Dcit, Cir 16(2), Mumbai on 12 August
Dcit, Cir 16(2), Mumbai vs M/S Kpmg Assurance And Consulting ... on 12 August
M/S Kpmg Assurance And Consulting ... vs Dcit, Cir 16(2), Mumbai on 12 August
