THE RAMCO CEMENTS LIMITED,RAJAPALAYAM vs. ACIT,CORPORATE CIRCLE, MADURAI
In the result, the appeal filed by the assessee is allowed
ITA 349/CHNY/2022[2011-12]Status: DisposedITAT Chennai12 Apr 2023AY 2011-12
Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.349/Chny/2022 िनधा"रण वष"/Assessment Year: 2011-12 M/S. The Ramco Cements Limited, Vs. The Assistant Commissioner Of Ramamandiram, Income Tax, Rajapalayam 626 117, Corporate Circle 2, Tamil Nadu. Madurai. [Pan: Aabcm8375L] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri S. Muralidhar, F.C.A. ""थ" की ओर से/Respondent By : Shri M. Rajan, Cit सुनवाई की तारीख/ Date Of Hearing : 23.02.2023 घोषणा की तारीख /Date Of Pronouncement : 12.04.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Principal Commissioner Of Income Tax, Madurai-1, Madurai, Dated 30.03.2022 Relevant To The Assessment Year 2011-12. 2. Brief Facts Of The Case Are That The Assessee Filed The Return Of Income For The Assessment Year 2011-12 On 27.09.2011 Admitting Total Income Of ₹. 211,89,91,960/-. Subsequently, The Case Was Selected For Scrutiny & Assessment Was Completed Under Section 143(3) Of The 2
For Appellant: Shri S. Muralidhar, F.C.AFor Respondent: Shri M. Rajan, CIT
Section 143(3)Section 263Section 32Section 32(1)
section 143(3) r.w.s. 254 of the Act on the issue of fly ash collection system and directed the Assessing Officer to redo the assessment.
4. On being aggrieved, the assessee is in appeal before the Tribunal.
By reiterating the submissions as made before the ld. PCIT, the ld.
Counsel for the assessee has submitted that the issue of expenditure
