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Provision for site restoration expense on the basis of scientific method carried out by an independent agency eligible for deduction in book profit
Case Law Details
- Case Name
- Assistant Commissioner of Income-tax Vs Tata Petrodyne Ltd. (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2002-03 and 2004-05
- Courts
- ITAT Mumbai
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IN THE ITAT MUMBAI BENCH ‘J’
Assistant Commissioner of Income-tax
v/s.
Tata Petrodyne Ltd.
IT Appeal Nos. 4804 & 5117 (Mum.) of 2007 & 5306 (Mum.) of 2008
[Assessment years 2002-03 and 2004-05]
Date of Pronouncement – April 11, 2012
ORDER
Vijay Pal Rao, Judicial Member
For the assessment year 2002-03, the assessee has filed the appeal against the order dated 2.6.2008 of the CIT(A) whereas for the AY 2004-05, cross appeals have been filed against the order dated 18.4.2007 of the CIT(A).
2. For the AY 2002-03, the assessee has raised the following grou...




