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Case Law Details

Case Name : M/s. Search Enviro Ltd.Vs The ACIT (ITAT Mumbai)
Appeal Number : ITA No.3464/Mum/2011
Date of Judgement/Order : 02/03/2012
Related Assessment Year : 2007-08
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The Ld. Counsel relied on the order of Co-ordinate Bench in the case of  Nivi Trading Ltd. Vs DCIT in ITA No. 5455/M/2010 dt. 12.10.2011 to submit that assessee does not have any other expenditure except to maintain day today activity and the expenditure has no nexus with the earning of tax free income, therefore, d

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