STRIDES PHARMA SCIENCE LTD.,MUMBAI vs. DCIT, CC - 6 (2), CHENNAI
In the result, the appeals of assessee for A
ITA 2335/CHNY/2019[2010-11]Status: DisposedITAT Chennai25 Jul 2025AY 2010-11
Bench: Shri Ss Viswanethra Ravi & Shri Jagadishआयकर अपील सं./Ita No.2380/Chny/2018 िनधा9रण वष9 /Assessment Year: 2009-10 M/S. Shasun Pharmaceuticals Ltd., The Dy. Commissioner Of (Merged With M/S. Strides Shasun Vs. Income Tax, Ltd., Now Known As Strides Pharma Non Corporate Circle-6(1), Science Ltd.,) Chennai. No.28, Batra Centre, Sardar Patel Road, Guindy, Chennai – 600 032. [Pan: Aadcs 8104P] (अपीलाथ"/Appellant) (""यथ"/Respondent)
For Appellant: Shri N. Arjun Raj, AdvocateFor Respondent: Ms. Maithili, Addl. CIT
Section 10B
172/-. The assessee has allocated foreign exchange
fluctuation loss amounting to Rs. 44,80,03,449/- under administrative
expenses (corporate level) to various units based on their respective
turnover and the balance of Rs. 11,38,54,392/- directly attributable to
ITA Nos.2380 & 4645/Chny/2018 &
ITA Nos.5404, 769 & 2335/Chny/2019
:- 6 -:
the units have been allocated to the respective units