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1 result for “disallowance”+ Section 144B(1)(xvi)clear

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Key Topics

Section 143(3)2

TORRENT ENERGY LIMITED (NOW MERGED WITH TORRENT POWER LIMITED),AHMEDABAD vs. THE ACIT CIRCLE 4(1)(1), AHMEDABAD

The appeal of the assessee is allowed for statistical purposes

ITA 160/AHD/2023[2011-12]Status: DisposedITAT Ahmedabad21 May 2025AY 2011-12

Bench: Shri Siddhartha Nautiyal & Shri Makarand V.Mahadeokarasstt.Year : 2011-12 Torrent Energy Limited The Acit, Cir.4(1)(1) (Now Merged With Torrent Power Ltd) Ahmedabad. Samanvay, 600, Tapovan Ambawadi, Ahmedabad Pan : Aacct 8570 B (Applicant) (Responent) Assessee By : Shri Vartik Chokshi, Ar : Smt.Trupti Patel, Sr.Dr Revenue By सुनवाई क" तारीख/Date Of Hearing : 08/05/2025 घोषणा क" तारीख /Date Of Pronouncement: 21/05/2025 आदेश आदेश/O R D E R आदेश आदेश

For Appellant: Shri Vartik Chokshi, AR
Section 139(5)Section 142(1)Section 143(3)Section 250Section 251Section 254Section 32(1)(ii)Section 37(1)

disallowed the claim on the ground that the same was a fresh claim made otherwise than by way of a revised return under section 139(5). Relying upon the decision of the Hon’ble Supreme Court in the case of Goetze (India) Ltd. v. CIT [(2006) 284 ITR 323 (SC)], the claim was rejected as procedurally inadmissible. 3 The assessee