T vs. LOGISTICS SERVICES LIMITED,MADURAIVS.DCIT CORPORATE CIRCLE 2, MADURAI
In the result, appeal filed by the assessee is treated as
ITA 2906/CHNY/2018[2013-14]Status: DisposedITAT Chennai09 Aug 2021AY 2013-14
Bench: Shri Mahavir Singh, Vice- & Shri G.Manjunathaआयकरअपीलसं./I.T.A.No.2906/Chny/2018 ("नधा"रणवष" / Assessment Year: 2013-14) Vs The Deputy Commissioner Of M/S. Tvs Logistics Services Ltd. Income Tax, 10, Jawahar Road, Chokkikulam, Corporate Circle-2 Madurai-625 002. Madurai. Pan: Aacct 1412E (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकरअपीलसं./I.T.A.No.1927/Chny/2018 ("नधा"रणवष" / Assessment Year: 2013-14) Vs M/S. Tvs Logistics Services The Assistant Commissioner Of Income Tax, Ltd. Corporate Circle-2 10,Jawahar Road, Madurai. Chokkikulam, Madurai-625 002. Pan: Aacct 1412E (अपीलाथ"/Appellant) (""यथ"/Respondent)
For Appellant: Mr.G.Johnson, Addl.CIT
Section 14ASection 14A(2)
1,75,71,40,470/-. The case was taken up for
scrutiny and during the course of assessment proceedings, the
Assessing Officer noticed that the assessee has earned huge
exempt income, however, did not make suo-moto disallowance
of any expenditure in relation to said exempt income and
hence, called upon the assessee to explain as to why
disallowances contemplated
