ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 2(1) AHMEDABAD, AHMEDABAD vs. ZYDUS LIFESCIENCES LIMITED, AHMEDABAD

ITA 557/AHD/2026Status: DisposedITAT Ahmedabad03 September 2026AY 2011-1210 pages

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Income Tax Appellate Tribunal, “D” BENCH, AHMEDABAD

For Appellant: Shri Mukesh Patel, AR , Shri Jigar M, Shri Ajit Kumar Jain, ARs
For Respondent: Shri R.V.Aroon Prasaad, CIT-DR
Hearing: 06.08.2026Pronounced: 03.09.2026

PER SANJAY KUMAR, JUDICIAL MEMBER:

- This appeal has been filed by the Assessee against the order dated 23.12.2025 passed by the Ld. Commissioner of Income Tax (Appeals), Ahmedabad-13 (hereinafter referred to as ‘Ld. CIT (A)’ in short), under Section 250 of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’ in short) for Assessment Year 2011-12. 2. The Revenue in the present appeal has raised following grounds of Appeal:- “1) "The Ld. CIT(A) erred in law and on facts in deleting the adjustment/addition of Rs. 18,95,02,413/-on account of the guarantee fee charges. - 2– 2)

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