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2006 (4) TMI 121 - SCH - Income Tax
Supreme Court dismissed appeal filed by the Revenue against the decision of High Court where High Court held that amount of ₹ 83,61,301 written back to the profit and loss account for the assessment year 1987-88 should not have been excluded for the purpose of computation of profits under section 115J read with section 205 of the Companies Act, as it was change of system of accounting by the assessee.
The Supreme Court dismissed the appeals in the case with citation 2006 (4) TMI 121 - SC. Mrs. Ruma Pal and Dalveer Bhandari were the judges. Mohan Parasaran and others represented the Appellant, while Dhruv Mehta and others represented the Respondent.