Vodafone Essar Ltd. Versus Commissioner of Income-tax - Income Tax - ITAT CHANDIGARH - Tri - Validity of proceedings u/s 263 The net income had been shown at Rs. 3,43,51,89,619. Against this income the company has claimed brought forward unabsorbed depreciation for the earlier years amounting to Rs.35,58,19,560 - The company has claimed deduction under section 80-IA (100 per cent.) amounting to Rs. 307,93,70,059 and the taxable income has been shown as nil - The Assessing Officer accepted the ................................... Income Tax - Case Laws
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