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Case Law Details

Case Name : Sigma Castings Ltd. Vs DCIT (ITAT Lucknow)
Related Assessment Year : 2013-14, 15-16 & 16-17
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Sigma Castings Ltd. Vs DCIT (ITAT Lucknow)

The assessee has recorded the entries of sales and purchase in its books of account and has duly disclosed the items of sales and purchase in the profit & loss account and has duly disclosed the profit earned on the trading in the profit & loss account and has offered the same as business income. The assessee has furnished as much information as possible to justify its claim about the transactions of cloth being genuine. Under these circumstances, Hon’ble Suprem

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One Comment

  1. D K Mittal, Tax Advocate says:

    Your reporting is very helpful to all concerned as and when required and caters to the need of professionals.

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