Firoz Nadiadwala Versus Additional Commissioner of Income-tax, - 11(1), Mumbai - Income Tax - ITAT MUMBAI - Tri - Validity of action of CIT u/s 263 of the Income Tax Act Assessee was engaged in the business of production of films had shown two films i.e. welcome and Full N Final as being under production during the year and the one film i.e. Phir Hera Pheri had been released during the year - Examination the letter of intent of IDBI bank makes it clear that bank had advanced foreign currency l................................... Income Tax - Case Laws
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