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COMMISSIONER OF INCOME-TAX versus S.T.I. BIPLUS TUBING (INDIA) LTD


Unsubstantiated depreciation of income deemed non-compliant to the Company for the purposes of section 115J expressing income for the purpose of section 205 of section 205 of the Companies Act, 1956. Amount whether it includes unsecured losses and the undisclosed value of the first year or both of them, whichever is the Indian Income Tax Act, 1961, Section 115J & 256 (2) Indian Companies Act, 1956, Section 205 ( 1), suitable for Provo, CL (B).

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