Case Law Details
Case Name : Growth Avenue Securities Pvt. Ltd. Vs DCIT (ITAT Delhi 'I' Bench)
Related Assessment Year :
Courts :
All ITAT ITAT Delhi
RELEVANT PARAGRAPH
16. In the present case, it is not in dispute that the long term capital gain earned by the assessee is included in the net profit determined as per P&L account prepared as per Part II and Part III of Schedule VI to the Companies Act. In other words, it is not the case of die assessee that the capital gain earned by the assessee was not included in the net profit determined as per P&L account of the assessee prepared under the Companies Act.
We have perused the audited accounts of the assessee and finds that the auditors in their audit report has stated, amongst othe...
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