SUN PHARMACEUTICALS INDUSTRIES LTD. ( ERSTWHILE RANBAXY LABORATORIES LIMITED),BARODA vs. THE ACIT,CENT.CIRCLE-1, BARODA

7). The assessee records the sale effected after the services provided by the selling and distribution arm of the company and other facilities of the company whose cost has not been incorporated. Therefore, the sales have not been recorded as per ALP from the manufacturing unit to the company], HEAD OFFICE EXPENSES: 75% of the allocable head office expenses

THE ACIT, CIRCLE-1(1)(1), VADODARA vs. GUJARAT FLUOROCHEMICALS LTD., VADODARA

In the result, the appeal filed by the Revenue is hereby dismissed

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

reassessment order passed under section 147 r.w.s. 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year 2010-11. I.T.A No. 169/Ahd/2023 A.Y. 2010-11 Page No 2 ACIT Vs. Gujarat Fluorochemicals Ltd. 2. Brief facts of the case is that the assessee is a company engaged in manufacturing of Chemicals

SADBHAV ENGINEERING LTD.,AHMEDABAD vs. DCIT, CENTRAL CIRCLE 1(3), AHMEDABAD, DCIT, CENTRAL CIRCLE 1(3), AHMEDABAD

In the result, all the appeals of the assessee are partly allowed\nand that of the Revenue are dismissed

reassessment proceedings, an assessee can neither claim nor be allowed a\ndeduction that was not claimed in the original return. Thus, the assessment proceedings\ninitiated on the basis of an action under Section 132 of the Act also cannot be utilized by the\nassessee to seek a relief not claimed earlier and thus cannot seek a review of a concluded

GUJARAT INDUSTRIES POWER CO. LTD.,,BARODA vs. THE DY.CIT.,CIRCLE-1(1),, BARODA

In the result, the captioned appeals are :

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

reassessment order was passed on 23.01.2014 making the following Disallowances: (i) Replacement of parts of machines treated as capital expenditure; (ii) claim of deduction u/s.80IA of the IT Act. (iii) Disallowance under s.14A (iv) In computation of Book Profit u/s. 115JB (v) claim of deduction under 43B (for A.Y. 2009-10 & 2010-11) & (vi) depreciation on Managing Director’s residence

THE DCIT, CIRCLE-1(1),, VADODARA vs. M/S. GUJARAT INDUSTRIES POWER CO.LTD.,, VADODARA

In the result, the captioned appeals are :

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

reassessment order was passed on 23.01.2014 making the following Disallowances: (i) Replacement of parts of machines treated as capital expenditure; (ii) claim of deduction u/s.80IA of the IT Act. (iii) Disallowance under s.14A (iv) In computation of Book Profit u/s. 115JB (v) claim of deduction under 43B (for A.Y. 2009-10 & 2010-11) & (vi) depreciation on Managing Director’s residence

THE DY. CIT., CIRCLE-1(1)(1),, VADODARA vs. M/S. GUJARAT INDUSTRIES POWER CO. LTD.,, VADODARA

In the result, the captioned appeals are :

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

reassessment order was passed on 23.01.2014 making the following Disallowances: (i) Replacement of parts of machines treated as capital expenditure; (ii) claim of deduction u/s.80IA of the IT Act. (iii) Disallowance under s.14A (iv) In computation of Book Profit u/s. 115JB (v) claim of deduction under 43B (for A.Y. 2009-10 & 2010-11) & (vi) depreciation on Managing Director’s residence

DHOLU CONSTRUCTION & PROJECTS LTD.,,AHMEDABAD vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Mahavir Prasad & Shri Amarjit Singh)

reassessment would not survive. 6. In the result, appeal filed by the Assessee is allowed and for rest of the ground, we do not want to go into the merit of the case, since we have allowed the appeal of the Assessee on technical ground. 7. Now we come to ITA No. 3145/Ahd/2016. The assessee has taken following grounds