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Provisions of section 79 not applicable to deemed public company
Case Law Details
- Case Name
- Meredith Traders (P) Ltd. Vs ITO (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2004- 05 and 2005- 06
- Courts
- ITAT Ahmedabad
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Meredith Traders (P) Ltd. Vs ITO, ITAT Mumbai
IT Appeal Nos. 3435 and 3436 (Mum.) of 2010
Assessment Years: 2004- 05 and 2005- 06
Decided on: 27 May 2011
Order
R.S. Syal, AM
1. These two appeals by the assessee are directed against the order passed by the CIT under section 263 on 24-3-2010 in relation to the assessment years 2004-05 and 2005-06. Since both the appeals are based on identical facts and common grounds of appeal and further the ld. CIT(A) has also passed a common order, we are proceeding to dispose them by this consolidated order for the sake of convenience.
2. Br...





