DCIT, CHENNAI vs. ASPIRE SYSTEMS (INDIA) P. LTD., CHENNAI
In the result, the both the appeals filed by the Revenue as well as the appeal filed by the assessee are allowed for statistical purposes
ITA 2000/CHNY/2019[2014-15]Status: DisposedITAT Chennai23 Dec 2022AY 2014-15
Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.2000/Chny/2019 & 762/Chny/2020 िनधा"रण वष"/Assessment Years: 2014-15 & 2011-12 The Deputy/Joint Commissioner Of Vs. M/S. Aspire Systems India Income Tax, Private Limited, Old. No. 4, New No. 7, Corporate Circle 1(1), Ii Trust Link Road, Mandaveli, Chennai 600 034. Chennai 600 028. [Pan:Aacca4543M] (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No. 785/Chny/2020 िनधा"रण वष"/Assessment Year: 2011-12 M/S. Aspire Systems India Vs. The Additional Commissioner Of Private Limited, Old. No. 4, New No. Income Tax, 7, Ii Trust Link Road, Mandaveli, Company Range-1, Chennai 600 028. Chennai. (अपीलाथ"/Appellant) (""थ"/Respondent) Department By : Shri S. Senthil Kumaran, Cit Assessee By : Ms. Jharna B. Harilal, Ca सुनवाई की तारीख/ Date Of Hearing : 22.12.2022 घोषणा की तारीख /Date Of Pronouncement 23.12.2022 : आदेश /O R D E R Per V. Durga Rao: These Appeals Filed By The Revenue As Well Are Assessee Are Directed Against Different Orders Of The Ld. Commissioner Of Income Tax (Appeals) 1, Chennai, Dated 29.03.2019 Relevant To The Assessment Year
For Appellant: Ms. Jharna B. Harilal, CAFor Respondent: Shri S. Senthil Kumaran, CIT
Section 14ASection 40
disallowance under section 14A of the Act for the assessment year 2014-15, the ld. DR has submitted that by considering the fresh evidence, the ld. CIT(A) has remitted the matter to the file of Assessing Officer to verify the interest expenditure, which is in violation of Rule 46A
