Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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MAT computation - Disallowance of Debenture Redemption Reserve[DRR] - it is not the Assessing Officer who has βincreasedβ the amount of Net Profits, on the contrary it is the Appellant who had βreducedβ the Net Profits as shown in the audited Profit & Loss Account prepared as per the provisions of the Companies Act by the amount of Debenture Redemption Reserve created during the relevant previous year - Additions confirmed - AT