DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1(1)(1), BANGALORE vs. M/S ACROPETAL TECHNOLOGIES PRIVATE LIMITED , BANGALORE
In the result, both the appeals of the revenue are dismissed
ITA 8/BANG/2019[2014-15]Status: DisposedITAT Bangalore14 Sept 2022AY 2014-15
Bench: Shri N.V. Vasudevan & Ms. Padmavathy S
For Appellant: Ms. Sunaina Bhatia, AdvocateFor Respondent: Shri V S Chakrapani, CIT(DR)(ITAT), Bengaluru
Section 143(2)Section 14ASection 40
hearing, the ld. AR made alternate submissions with regard to the applicability of exception provided in
ITA Nos.7 & 8/Bang/2019
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section 9(1)(viib) of the Act for the payments made by the assessee to the vendors. Since we have allowed the claim of the assessee