SCHENCK PROCESS EUROPE GMBH,GERMANY vs. DCIT - CPC, BANGLORE
In the result, the appeal of the assessee is allowed
ITA 9214/DEL/2019[2017-18]Status: DisposedITAT Delhi10 Oct 2023AY 2017-18
Bench: Shri M. Balaganesh & Shri Anubhav Sharmaschench Process Europe Gambh, Vs. Dcit, Pallaswiesenstrasse 100, Cpc, Bangalore Darmstadt, Germany (Appellant) (Respondent) Pan: Aaocs8500Q
For Appellant: Shri Vishal Kalra, AdvFor Respondent: Shri Anuj Garg, Sr. DR
Section 143(1)Section 154Section 234ASection 250
figure of the assessee would be Rs. 2,90,10,368/- and TDS thereon of Rs.
29,78,210/-. Infact the provisions of section 154(5) of the Act also provides for reduction in the income of the assessee for which rectification u/s 154 could be done. For the sake ... convenience, the provisions of section 154(5) of the Act are reproduced hereunder:
“Where any such amendment has the effect of reducing the assessment or otherwise reducing the liability of the assessee or the deductor, the Assessing Officer shall make any refund which may be due to such assessee
