Case Law Details
Case Name : M/s. Balaji Enterprises Pvt. Ltd. Vs DCIT (ITAT Delhi 'A' Bench)
Appeal Number : ITA No.2839/Del./2004
Date of Judgement/Order : 07/03/2008
Related Assessment Year : 2001-2002
Courts :
All ITAT ITAT Delhi
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Deduction on account of loss of Rs.60 lacs as result of dacoity which took place on 7th January 1999. It was explained that the aforesaid amount in cash formed part of the business receipts and that while it was being taken to the bank for being deposited was lost due to dacoity.
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