2023 (12) TMI 659

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..... forward contracts as the bank accounts were admittedly prepared on accrual basis and revenue was recognized following mercantile method except for certain items which were accounted on cash basis - depreciation in value of investment in HTM Securities - disallowances made u/s 36(1) (viia) - disallowance made u/s 14A - disallowances on account of AFS and HFT category of investments - HC 2023 (1) .....

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..... B.V. NAGARATHNA And HON'BLE MR. JUSTICE UJJAL BHUYAN For the Petitioner : Mr. Raj Bahadur Yadav, AOR Mr. Rupesh Kumar, Adv. Mrs. Rekha Pandey, Adv. Mr. Udai Khanna, Adv. Mr. Bhakar Sundaram, Adv. Mr. Akshit Pradhan, Adv. ORDER UPON hearing the counsel the Court made the following. There is a gross delay of 261 days in filing this special leave petition. The explanation off .....

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