DR. AGARWALS HEALTH CARE LIMITED,CHENNAI vs. PRINCIPAL COMMISSIONER OF INCOME-TAX -1, CHENNAI
In the result, both the appeals filed by the assessee are allowed
ITA 1407/CHNY/2024[2017-18]Status: HeardITAT Chennai01 Aug 2024AY 2017-18
Bench: Shri Mahavir Singhand Shri S.R. Raghunathaआयकर अपील सं./Ita Nos.:1407 & 1408/Chny/2024 िनधा"रण वष"/Assessment Years:2017-18 & 2018-19 Dr. Agarwals Health Care The Principal Commissioner Limited, Vs. Of Income Tax-1, 3Rd Floor, Buhari Towers, Chennai. No.4, Moores Road Off Greams Road, Nungambakkam, Chennai – 600 006. Pan: Aadcd 4418M (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri R. Sivaraman, Advocate ""यथ" क" ओर से/Respondent By : Shri Nilay Baran Som, Cit सुनवाई क" तारीख/Date Of Hearing : 01.08.2024 घोषणा क" तारीख/Date Of Pronouncement : 01.08.2024
For Appellant: Shri R. Sivaraman, AdvocateFor Respondent: Shri Nilay Baran Som, CIT
Section 10(34)Section 111ASection 143(1)Section 143(3)Section 14ASection 263
Depreciation Claim ii.
Refund Claim iii.
Capital gains/loss u/s 111A iv.
Income from house property v.
Reduction in profit due to ICDS vi.
International transaction(s) vii.
Cash deposit during demonetisation period
The AO completed assessment and passed order u/s.143(3) r.w.s.
143(3A) & 143(3B) of the Act vide order dated 05.04.2021. Subsequently, the PCIT issued show-cause notice
