VSL STEELS LTD.,,BANGALORE vs. DCIT, BANGALORE
In the result, this appeal of the assessee is allowed
ITA 1492/BANG/2014[2005-06]Status: DisposedITAT Bangalore20 Dec 2019AY 2005-06
Bench: Shri Arun Kumar Garodia, Am & Shri Pavan Kumar Gadale, Jm Assessment Year : 2005 – 06 M/S Vsl Steels Limited, No. 539, Ashwini Complex, 4Th Floor, Cmh Road, Indiranagar, Hal 2Nd Vs. Dcit, Circle – 2 (3), Stage, Bengaluru Bengaluru – 560038 Pan: Aaics1510N Appellant Respondent & Assessment Year : 2005 – 06 M/S Vsl Steels Limited, No. 539, Ashwini Complex, 4Th Floor, Cmh Road, Indiranagar, Hal 2Nd Vs. Pcit – 7, Stage, Bengaluru Bengaluru – 560038 Pan: Aaics1510N Appellant Respondent Assessee By : Shri S. Ramasubramanian, C. A. Revenue By : Shri Pradeep Kumar, Cit Dr Date Of Hearing : 14.11.2019 Date Of Pronouncement : 20.12.2019
For Appellant: Shri S. Ramasubramanian, C. AFor Respondent: Shri Pradeep Kumar, CIT DR
Section 147Section 153C
revision was already in appeal before CIT (A). In this regard, it was submitted that it is noted by PCIT in Para 9 of the impugned order that notice u/s 263 was issued on 19.09.2014
and in Para 8, it is noted that the AO had not considered the issue regarding accommodation entries of Rs. 65 Lacs provided
