GANESAN KANNAN,THOOTHUKUDI vs. ITI, INTERNATIONAL TAXATION WARD, THOOTHUKUDI

In the result, appeal filed by the assessee is allowed

Bench: Shri Mahavir Singh, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपीलसं./Ita No.: 698/Chny/2024 िनधा"रण वष" / Assessment Year: 2018-19

depreciable asset Total Assessed Income 1,06,69,982 The assessee filed objection before the DRP against the draft assessment order passed by the AO on 26/04/2023. The DRP- 1, Bengaluru vide their direction issued u/s 144C(5) of the Act dated 27.12.2023 has rejected the arguments of the assessee and upheld the additions made by the Assessing Officer. Thereafter