GLOBAL ENTROPOLIS (VIZAG) PRIVTE LIMITED,BANGALORE vs. DCIT, CENTRAL CIRCLE-1(4) , CHENNAI

In the result, the appeal filed by the assessee is partly-allowed

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

Disallowance u/s 40A(2)(b) 96,72,394/- (as discussed in Para4) Total Taxable income 1,31,76,787/- Rounded Off 1,31,76,790/- 6. Since tax payable as per MAT provisions on income as per order u/s 143(1) dated 01/10/2019 at Rs.55,33,58,951/- u/s. 115JJB of the Income tax Act is higher than tax payable

VYASARPADI CO-OP. INDUSTRIAL ESTATE LTD.,,CHENNAI vs. ITO, CHENNAI

In the result, all the appeals filed by the assessee are dismissed