Case Law Details
Case Name : Nikon Systems Pvt. Ltd Vs ACIT (ITAT Delhi)
Appeal Number : ITA No. 6115/Del/2019
Date of Judgement/Order : 15/05/2020
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Delhi
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Nikon Systems Pvt. Ltd Vs ACIT (ITAT Delhi)
Admittedly, fire occurred during the year, the traded goods of the assessee are lost during the year due to fire. Such traded goods were the stock in trade of the assessee. Undoubtedly, the traded goods were insured with the insurance Co for any loss due to fire. B
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