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Case Law Details

Case Name : Vodafone Idea Ltd. Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2009-10 to 2011-12
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Vodafone Idea Ltd. Vs DCIT (ITAT Mumbai)

We find that in the instant case, the AO had made disallowance on depreciation on 3G Spectrum Fees to the tune of Rs. 408.01 crores. And if the said disallowance is ignored, the net result of remaining additions would only result in assessed loss and hence no tax is per se payable for this AY. We find that assessee had made a prima facie case in its favour and accordingly we inclined to grant extension of stay for a further period of 180 days from today or till the disposal of the appeal by this Tribunal for this

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