Case Law Details
Case Name : The ACIT Vs M/s. Lumax Automotive Systems Ltd. (ITAT Delhi)
Appeal Number : ITA.No.114/Del./2015
Date of Judgement/Order : 02/05/2018
Related Assessment Year : 2010-2011
Courts :
All ITAT ITAT Delhi
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ACIT Vs M/s. Lumax Automotive Systems Ltd. (ITAT Delhi)
The assessee-company explained that it has closed down its Aurangabad unit due to heavy losses suffered by the assessee-company. The assessee-company in this year has declared loss of Rs.4.34 crores in the return of income and after making addition as well, the net taxable loss hav
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