ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), AHMEDABAD, AHMEDABAD vs. ARVIND LIMITED, AHMEDABAD
In the result, the appeal of the assessee is partly allowed for statistical purposes, whereas the appeal of the Revenue is dismissed
ITA 466/AHD/2024[2018-19]Status: DisposedITAT Ahmedabad03 Jul 2025AY 2018-19
Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra Kamblearvind Limited, Dcit Vs. Naroda Road, Nfac, Delhi Ahmedabad-380025 (Dcit, Circle 1(1)(1), [Pan : Aabca 2398 D] Ahmedabad) Arvind Limited, Vs. Acit, Circle 1(1)(1), Naroda Road, Ahmedabad Ahmedabad-380025 [Pan : Aabca 2398 D]
For Appellant: Shri Biren Shah, AR &For Respondent: Shri Prathvi Raj Meena, CIT-DR &
Section 115JSection 143(3)Section 14ASection 250
gain in return of income which was demonstrated in written submission filed before Assessing Officer as well as CIT(A).
8. In law and in the facts and circumstances of the appellant's case, the Ld.
CIT(A) has grossly erred in not allowing additional claim in respect of reduction of notional interest income of Rs. 37,76,627/- credited
