MAHESWARI MINING & ENERGY PRIVATE LIMITED ,HYDERABAD vs ASST. COMMISSIONER OF INCOME TAX, CIRCLE-16(2), HYDERABAD

Income Tax Appellate Tribunal, HYDERABAD BENCHES “A”: HYDERABAD

Before: SHRI LAXMI PRASAD SAHU & SHRI K. NARASIMHA CHARY

For Appellant: Shri Y. Ratnamkar&

For Respondent: Shri Y.V.S.T. Sai

Hearing: 21/04/2022

आदेश/ORDER

Per MANJUNATHA, G. A.M

In accordance with the view expressed by the third Member, Hon'ble Vice-President, Hyderabad in the above case vide order dated 1/04/2024, we agree with the order proposed by the learned JM that the assessee is entitled to deduction u/s 32AD of the I.T. Act.

In the result, appeal of the assessee is allowed.

:- 76 -: M/s Maheswari Mining & Energy Pvt. Ltd., Hyderabad.

MAHESWARI MINING & ENERGY PRIVATE LIMITED ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-16(2), HYDERABAD