2010 (1) TMI 1310

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....Chand and MS. Vandana Sagar (DR) ORDER PER D. MANMOHAN, V.P. 1. This is an appeal filed at the instance of the assessee- company. Following grounds were urged by the assessee-company. 1. "On the facts and circumstances of the case and in law, the learned CIT(A) has erred in confirming the disallowance of Rs.1,66,74,500/- towards obsolete/non-moving material written off. ....

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.... earlier years and ground Nos. 2 and 3 are covered against the assessee by the same orders (referred to below) : 1. ITA. No. 6454/M/04 dated 08-01-2008 2. ITA. Nos. 8570 & 9663/M/04 dated 14-10-2008 3. We have heard the learned D.R. also in this regard and carefully perused the record. As could be noticed from the Order of the learned CIT(A), the issues were decided against th....