TORRENT PHARMACEUTICALS LTD.,,AHMEDABAD vs. ACIT, CIRCLE-4(1)(2),, AHMEDABAD
In the result appeal of the Revenue is hereby partly allowed
ITA 1172/AHD/2019[2015-16]Status: DisposedITAT Ahmedabad26 Feb 2024AY 2015-16
Bench: Shri Waseem Ahmed & Ms. Madhumita Roy
For Appellant: Shri Vartik Choksi, With Shri DhrunalBhatt, ARsFor Respondent: Shri Ritesh Parmar, CIT-DR
Section 143(3)Section 14ASection 35Section 43BSection 80
5 others
A.Y.2013-14
43
account of benchmarking of loan to AE. Thus, the ground of the appeal filed by the assessee is hereby allowed.
Capital Infusion.
55. The TPO found that the assessee during the year has made payment of share application money to the following AEs:
S.
Name of AE
Amount in Rs.
Date of Date of share
