Bombay H.C : The explanation given by the Company was bonafide; whereas the explanation given that depreciation charts were because of the computer was a contrived afterthought and not a bonafide explanation

High Court Of Bombay Pr.CIT vs. Bunge India Pvt. Ltd. Section 260-A, 271(1)(c) Asst. Year 2004-05 M. S. Sanklecha & Sandeep K. Shinde, JJ. Income Tax Appeal No. 356 OF 2016 8th August, 2018 Counsel appeared: Arvind Pinto for the Appellant.: Sanjiv M. Shah for the Respondent PC: This Appeal under Section 260-A of the…

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