BHARAT TECHNOLOGIES AUTO COMPONENTS LIMITED,CHENNAI vs. ITO, COMPANY WARD 1(1), CHENNAI
In the result, appeals filed by the assessee are allowed for statistical
ITA 1843/CHNY/2024[2006-07]Status: DisposedITAT Chennai13 Nov 2024AY 2006-07
Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita Nos.1841, 1842 & 1843/Chny/2024 िनधा"रण वष"/Assessment Years: 2003-04, 2004-05 & 2006-07 V. M/S. Bharat Technologies Auto – The Ito, Components Ltd., Company Ward-1(1), 177 Raheja Towers, Chennai. 7Th Floor, Unit No.708, Beta Wing, Anna Salai, Chennai-600 002. [Pan: Aabcb 9835 A] (अपीलाथ"/Appellant) (""यथ"/Respondent)
For Appellant: Mr.S. Sridhar, AdvocateFor Respondent: Ms. R. Anita, Addl.CIT
Section 41(1)(b)Section 72ASection 72A(2)
72A(2) of Income Tax Act,
1961 to UCAL Division of BTACL (UDB) to enable it to carry
ITA Nos.1841, 1842 & 1843/Chny/2024
(AYs 2003-04, 2004-05 & 2006-07)
M/s. Bharat Technologies –
Auto Components Ltd.
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forward the accumulated business losses and unabsorbed depreciation of UPSL. ii) To exempt the company from the provisions of Section