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DCIT Vs Hindustan Thermal EPC: No Disallowance for Business Loss – ITAT Delhi
Case Law Details
- Case Name
- DCIT Vs Hindustan Thermal EPC Company Pvt Ltd (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2012-13
- Courts
- All ITAT, ITAT Delhi
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DCIT Vs Hindustan Thermal EPC Company Pvt Ltd (ITAT Delhi)
Introduction: The case of DCIT Vs Hindustan Thermal EPC Company Pvt Ltd, heard by ITAT Delhi, pertains to the disallowance of expenses incurred by Hindustan Thermal in the assessment year 2012-13. The crux of the matter revolves around the justification of the deletion of a significant business loss.
Detailed Analysis:
1. Nature of Business and Expenses: Hindustan Thermal is engaged in construction work, particularly related to power projects. The assessment year under scrutiny marks its initial year of business operations. The declare...





