SANTECH SOLUTONS PVT LIMITED,CHENNAI vs. DCIT, CHENNAI
In the result, the appeal of the assessee is treated as 9
ITA 1036/CHNY/2016[2008-09]Status: DisposedITAT Chennai07 Dec 2017AY 2008-09
Bench: Shri Abraham P.George & Shri George Mathanआयकर अपील सं./I.T.A. No.1036/Mds/2016 "नधा"रण वष" /Assessment Year : 2008-2009
For Appellant: Shri. D. Anand, AdvocateFor Respondent: Dr. S. Pandian, IRS, JCIT
Section 143(3)Section 148Section 28
depreciation for deduction of ₹1,50,74,601/- in place of ₹6,44,589/- is not admissible’’.
Thus, the only reasonable conclusion that can be drawn is that ld.
Assessing Officer, while framing the original assessment was aware of
the recovery of "1,05,93,698/- made by the assessee on its semi
finished M/s. Health Q Software product from