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Case Law Details

Case Name : Elite International (P.) Ltd. Vs ACIT (ITAT Mumbai)
Appeal Number : IT Appeal No. 3079 (Mum.) of 2014
Date of Judgement/Order : 07/07/2017
Related Assessment Year : 2009-10
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Elite International (P.) Ltd. Vs ACIT(ITAT Mumbai)

In the instant case Upon perusal of financial statements we find that the assessee has claimed the said expenditure of Rs. 530.47 Lacs under the head ‘Provision for doubtful advances’ and this provisio

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