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Case Law Details

Case Name : DCIT Vs Time Technoplast Ltd (ITAT Mumbai)
Related Assessment Year : 2016-17
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DCIT Vs Time Technoplast Ltd (ITAT Mumbai)

Section 80IC Deduction Depreciation Allowed on Consistency; Bogus Purchase Addition Restricted to 12% – ITAT Mumbai

The ITAT Mumbai dismissed the Revenue’s appeals for AYs 2016-17 & 2018-19 in the case of Time Technoplast Ltd., holding that all issues stood squarely covered in assessee’s own case by earlier ITAT orders.

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