JAYANT PACKAGING PVT. LTD.,CHENNAI vs. DCIT CORPORATE WARD 2(2), CHENNAI

In the result, the appeal filed by the assessee for assessment year 2012-13 in ITA No

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita Nos.: 730, 731 & 732/Chny/2018 िनधा"रण वष" / Assessment Years: 2010-11, 2012-13 & 2012-13

TDS is taken, corresponding income needs to be offered to tax and accordingly made addition to total income of the assessee. Since book profit computed u/s.115JB of the Act is higher than income computed under normal provisions of the Act, the AO has made addition to book profit u/s.115JB of the Act. The ld.AR for the assessee contended before

MADRAS SUGARS LIMITED,COIMBATORE vs. DCIT, CORPORATE CIRCLE-1, COIMBAOTRE

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

section 115J". 4. The learned Commissioner of Income Tax (Appeals) ought to have considered the judgement in the case of Kavithalayaa Productions (P.) Ltd. vs. Assistant Commissioner of Income- tax in the ITAT Chennai Bench 'B' (IT APPEAL NO. 58 (CHNY.) OF 2020), wherein it has held that "we are of the considered view that on this issue