COOK INDIA MEDICAL DEVICES PVT. LTD.,CHENNAI vs. JCIT (OSD),, CHENNAI
In the result the appeal of the assessee is allowed for statistical purposes
ITA 2546/CHNY/2016[2012-13]Status: DisposedITAT Chennai30 Mar 2017AY 2012-13
Bench: Shri Chandra Poojari & Shri G. Pavan Kumarआयकर अपील सं./Ita No.: 2546/Mds/2016 िनधा"रण वष" / Assessment Years : 2012-13 M/S. Cook India Medical Devices Private The Joint Commissioner Of Limited, V. Income Tax (Osd), 4/249A, Rasim Enclave, Corporate Circle –1(2), Poonamallee High Road, Chennai. Near Savitha Dental College, Goparasanallur, Kattupakkam, Chennai – 600 056. Pan: Aaccc7628P (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Nageswar Rao, Advocate ""यथ" क" ओर से/Respondent By : Shri Milind Madhukar Bhusari, Cit सुनवाई क" तार"ख/Date Of Hearing : 10.01.2017 घोषणा क" तार"ख/Date Of Pronouncement : 30.03.2017
For Appellant: Shri Nageswar Rao, AdvocateFor Respondent: Shri Milind Madhukar Bhusari, CIT
Section 143(2)Section 143(3)Section 234ASection 271(1)(c)
5,00,000 and subsequently has erroneously computed the tax and interest liability under section 234A and 234B of the Act.
10. The learned AO has erred, in law and In facts, In initiating penalty proceedings U/S 271(1)(c) of the Act;
3. The Brief facts of the case that the assessee is a wholly
owned subsidiary of Cook
