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Case Law Details

Case Name : Bharti Airtel Limited Vs ADIT (ITAT Delhi)
Related Assessment Year :
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Learned counsel for the assessee submitted that it is a case of frivolous double addition on deliberate misconception of the facts. He took us through the year-end financial statements of the assessee and its computation of income to demonstrate that the impugned addition made by the Assessing Officer amounted to making an addition for loss on transfer of telecom assets whereas no deduction in respect of such loss was claimed by the assessee. He invited our attention to the observations made in the stay order to the effect that it is a case of “prima facie”

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0 Comments

  1. Anuradha says:

    sir
    As long as d judicial bodies takes linent view on d erring officers, there may not be any change in d attitude of departmental officers.
    The ITAT should have awarded examplery punishment by way of token fine on all d responsible officers including supervisray officers instead of letting off by mere warning.

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