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Case Law Details

Case Name : PCIT Vs Orchid Griha Nirman Pvt. Ltd. (Calcutta High Court)
Appeal Number : IA No. GA/1/2021
Date of Judgement/Order : 31/01/2022
Related Assessment Year :
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PCIT Vs Orchid Griha Nirman Pvt. Ltd. (Calcutta High Court)

Tribunal agreed with CIT(A) that after conversion of inventory into fixed asset the firm revalued the developed land including construction thereon in order to bring it in line with the current market value to justify th

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