DCIT CORPORATE CIRCLE 1(1), CHENNAI vs. ANSALDO CALDAIE BOILERS INDIA PRIVATE LIMITED, CHENNAI
In the result, the appeal filed by the Revenue is allowed for statistical purposes
ITA 1999/CHNY/2019[2015-16]Status: DisposedITAT Chennai21 Jun 2023AY 2015-16
Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.1999/Chny/2019 िनधा"रण वष"/Assessment Year: 2015-16 The Deputy Commissioner Of Vs. M/S. Ansaldo Caldaie Boilers India Income Tax, Private Limited, New No. 45 (Old No. 45), No. 3, 3Rd Floor, Manjula Towers, Corporate Circle 1(1), Chennai 600 034. Ceebros Complex, Egmore, Chennai 600 008. [Pan:Aafca0623B] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri S. Senthil Kumaran, Cit ""थ" की ओर से/Respondent By : Shri R. Vijayaraghavan, Advocate सुनवाई की तारीख/ Date Of Hearing : 13.06.2023 घोषणा की तारीख /Date Of Pronouncement : 21.06.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Revenue Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) 1, Chennai, Dated 29.03.2019 Relevant To The Assessment Year 2015-16. The Grounds Raised By The Revenue Are As Under: 1. The Order Of The Ld. Cit(A) Is Contrary To Law, Facts & Circumstances Of The Case. 2.1 The Cit(A) Erred In Deleting The Disallowance Made U/S 36(1)(Iii) Of The Act Based On The Fresh Evidences Furnished By The Assessee During The Course Of Appellate Proceedings, Without Affording Any Opportunity To The Ao Under Rule 46A For Verifying The Additional Evidences Submitted By The Assessee Based On Which Relief Was Given.
For Appellant: Shri S. Senthil Kumaran, CITFor Respondent: Shri R. Vijayaraghavan, Advocate
Section 36Section 36(1)Section 36(1)(ii)Section 36(1)(iii)
delay of one day in filing of the appeal stands condoned and the appeal is admitted for adjudication.
3. Brief facts of the case are that the assessee filed its return of income for the assessment year 2015-16 on 30.11.2015 admitting NIL income and current year loss of ₹.7,87,45,865/-. The case was selected for scrutiny through
