DCIT, CC-I, CHANDIGARH , CHANDIGARH vs. VALCO INDUSTRIES LTD., , CHANDIGARH
In the result, the appeal of the Revenue is dismissed
ITA 574/CHANDI/2023[2013-14]Status: DisposedITAT Chandigarh15 Oct 2024AY 2013-14
Bench: The Hon'Ble Punjab & Haryana High Court? Ii) Whether On The Facts & Circumstances Of The Case & In Law, Ld. Cit(A) Is Right Holding Such Consequential Order As Void An Initio Ignoring The Facts That Order Passed By Ld. Pcit (Central), Gurugram U/S 263 Has Not Attained Its Finality? Iii) Whether On The Facts & In Circumstances Of The Case & In Law, The Ld. Cit(A) Was Right In Holding That Consequential Order Passed U/S 147 R.W.S. 263 Of The Act As Void As Initio Without Giving Any Liberty To The Revenue To Revive The Proceedings Consequent To Any Directions Or Order
For Appellant: Shri Tejmohan Singh, AdvocateFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 143(3)Section 147Section 148Section 263Section 80I
201 1-12 and 2013-14 and the common thread which runs through all these orders passed by the Tribunal is the issue of assessee's eligibility for deduction u/s 80IC of the Act on substantial expansion. The order of the ITAT for assessment years 2010-
11 and 2013-14 in ITA Nos.122 & 123/Chd/2019 vide order dated 14.06.2019
specifically accepts
