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43 results for “section 68”+ Section 10Bclear

Sorted by relevance

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Key Topics

Section 80I45Section 143(3)44Section 14724Deduction23Section 153A20Addition to Income19Disallowance18Section 10A17Section 143(1)16Depreciation

M/S. STANADYNE INDIA PVT. LTD.,TIRUVALLUR vs. ACIT, CC-IV(4), CHENNA

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

ITA 1387/CHNY/2024[2007-08]Status: DisposedITAT Chennai27 Nov 2024AY 2007-08
Section 10BSection 143(3)

68,702/- as per Section 10B(4) of the Act. However, the A.O\nwhile making computation as per 10B

ST. JOHN FREIGHT SYSTEMS PVT. LTD.,,TUTUCORIN vs. DCIT, CC-1,, MADURAI

In the result appeals filed in ITA Nos

ITA 2900/CHNY/2019[2010-11]Status: DisposedITAT Chennai06 Apr 2023AY 2010-11

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

Showing 1–20 of 43 · Page 1 of 3

16
Section 10B15
Section 8014
For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ST. JOHN FREIGHT SYSTEMS LTD.,TUTICORIN vs. DCIT CENTRAL CIRCLE 1, MADURAI

In the result appeals filed in ITA Nos

ITA 188/CHNY/2019[2007-08]Status: DisposedITAT Chennai06 Apr 2023AY 2007-08

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ST. JOHN FREIGHT SYSTEMS LTD.,TUTICORIN vs. DCIT CENTRAL CIRCLE 1, MADURAI

In the result appeals filed in ITA Nos

ITA 2899/CHNY/2019[2009-10]Status: DisposedITAT Chennai06 Apr 2023AY 2009-10

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ST. JOHN FREIGHT SYSTEMS LTD.,TUTICORIN vs. DCIT CENTRAL CIRCLE 1, MADURAI

In the result appeals filed in ITA Nos

ITA 2898/CHNY/2019[2008-09]Status: DisposedITAT Chennai06 Apr 2023AY 2008-09

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ARUNA ALLOY STEELS PRIVATES LIMITED,MADURAI vs. ACIT,CORP. CIRCLE-1, MADURAI, MADURAIQ

In the result, appeal filed by the assessee is allowed

ITA 2803/CHNY/2024[2016-17]Status: DisposedITAT Chennai26 Feb 2025AY 2016-17

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwal

For Respondent: Mr.Ashwin D. Gowda
Section 139(1)Section 143(1)Section 143(1)(a)Section 154Section 156Section 80I

68 of the Act, on the ground that for the purpose of claiming deduction, the assessee did not file necessary certificate in Form 10CCB of the Act along with the return of income, which was filed on 18.7.2005 declaring the income as Rs.1,02,11,036/-. 3. As against the disallowance of the claim, the assessee filed an appeal before

ROOTS INDUSTRIES INDIA PRIVATE LIMITED,COIMBATORE vs. DCIT, CORPORATE CIRCLE (1), COIMBATORE

In the result, appeal filed by the assessee is allowed

ITA 46/CHNY/2024[2017-18]Status: DisposedITAT Chennai29 May 2024AY 2017-18

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.46/Chny/2024 िनधा"रण वष"/Assessment Year: 2017-18 V. M/S.Roots Industries India Pvt. Ltd., The Dy. Commissioner – R.K.G. Industrial Estate, Of Income Tax, Ganapathy, Corporate Circle-(1), Coimbatore-641 006. Coimbatore. [Pan: Aabcr 0314 E] (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri Suraj Nahar, CAFor Respondent: Shri P. Sajit Kumar, JCIT
Section 143(1)Section 143(3)Section 68Section 80I

68 of the Act, on the ground that for the purpose of claiming deduction, the assessee did not file necessary certificate in Form 10CCB of the Act along with the return of income, which was filed on 18.7.2005 declaring the income as Rs.1,02,11,036/-. 3. As against the disallowance of the claim, the assessee filed an appeal before

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE LTU-1, CHENNAI, NUNGAMBAKKAM vs. ORIENT GREEN POWER COMPANY LIMITED , CHENNAI

In the result, appeal filed by the assessee is allowed

ITA 230/CHNY/2025[2014-15]Status: DisposedITAT Chennai15 May 2025AY 2014-15

Bench: Shri Manu Kumar Giri & Shri S.R.Raghunatha

For Appellant: Ms. Anitha, Addl.CITFor Respondent: Mr. Raghav Rajeev Menon
Section 143(3)Section 14ASection 92BSection 92C

68,141/-. During the course of assessment proceedings, the AO made reference to TPO for determining arm’s length price of specified domestic transaction. The TPO, Chennai passed an order u/s.92CA(3) on 30.10.2017 disallowing Rs.4,04,49,600/-. Subsequently, the AO has completed the assessment u/s.143(3) r.w.s 92CA r.w.s 144C(1) on 29.01.2018 by making following additions

NATESAN PRECISION COMPONENTS PRIVATE LIMITED,CHENNAI vs. DCIT, CORP CIRCLE 4(1), CHENNAI

In the result, appeal filed by the assessee is allowed

ITA 1397/CHNY/2024[2018-19]Status: DisposedITAT Chennai09 Aug 2024AY 2018-19

Bench: Shri Mahavir Singh, Hon’Ble & Shri S.R. Raghunatha, Hon’Bleआयकरअपीलसं./Ita No.: 1397/Chny/2024 िनधा"रणवष" / Assessment Year: 2018-19 Natesan Precision Components Dcit, Private Limited, V. Corporate Circle -4(1), No.54/4, Paul Wells Road, Chennai. St. Thomas Mount, Chennai – 600 016. [Pan: Aaacn-9992-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/Appellant By : Shri. G. Tarun, Advocate : Shri. T.M. Suganthamala, Addl. Cit ""यथ"क"ओरसे/Respondent By सुनवाई क" तारीख/Date Of Hearing : 01.08.2024 घोषणा क" तारीख/Date Of Pronouncement : 09.08.2024

For Appellant: Shri. G. Tarun, Advocate
Section 143(1)Section 143(3)Section 68Section 80I

68 of the Act, on the ground that for the purpose of claiming deduction, the assessee did not file necessary certificate in Form 10CCB of the Act along with the return of income, which was filed on 18.7.2005 declaring the income as Rs.1,02,11,036/-. 3. As against the disallowance of the claim, the assessee filed an appeal before

M/S. NUMERIC POWER SYSTEMS LTD., NOW KNOWN AS,CHENNAI vs. ITO (OSD),, CHENNAI

In the result, the appeal filed by the assessee in ITA

ITA 1344/CHNY/2012[2008-09]Status: DisposedITAT Chennai20 Nov 2015AY 2008-09

Bench: Shri A. Mohan Alankamony & Shri G. Pavan Kumar

For Appellant: Shri. Philip George, AdvocateFor Respondent: Shri. P. Radhakrishnan, IRS, JCIT
Section 10Section 10BSection 143(1)Section 143(3)Section 44A

10B reads as under:- :- 5 -: ‘’This section applies to the undertaking, if the sale proceeds of articles or things or computer software exported out of India are received in, or brought into, India by the assessee inconvertible foreign exchange, within a period of six months from the end of the previous year or, within such further period

LOTUS FOOTWEAR ENTERPRISES LIMITED-INDIA BRANCH,TIRUVANNAMALAI vs. DCIT, INTERNATIONAL TAX 1(2), CHENNAI

In the result all the four appeals of the assessee are allowed

ITA 800/CHNY/2022[2019-2020]Status: DisposedITAT Chennai25 Sept 2025AY 2019-2020

Bench: Shri Aby T Varkey & Shri S. R. Raghunatha

For Appellant: Shri. Sriram Seshadri, C.A. &For Respondent: Ms. Pavuna Sundari, C.I.T
Section 10A

10B of the Act to sufficiently demonstrate that two units are separate and function independently of each other. Therefore, it cannot be said that new unit is formed by split up of the old unit.” 38. The ld.AR further submitted that there was no impact on the turnover and profitability of the existing business of LU1 after setting

SRINIVASA FASHIONS PVT LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA Nos 1965, 1966 & 1967 are

ITA 1966/CHNY/2016[2008-09]Status: DisposedITAT Chennai30 Nov 2017AY 2008-09

Bench: Shri N.R.S. Ganesan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 1965, 1966, 1967, 1968 /Mds/2016 & 2096/Mds/2017 "नधा"रण वष"/Assessment Years : 2008-09, 2008-09, 2010-11, 2011-12& 2009-10 M/S. Srinivasa Fashions Pvt. Ltd., Deputy Commissioner Of Income Tax, 1A, Regency Apartments, Vs. Corporate Circle -6(2), No. 5, 1St Lane, Aayakar Bhavan, New Block, 7Th Floor, 121 M.G. Road, Nungambakkam High Road, Chennai - 600 034. Chennai - 600 034. [Pan: Aaics 9511R]

For Appellant: ShriT. Banusekar, CAFor Respondent: Shri S. Bharath, CIT
Section 10ASection 143(3)Section 148Section 32(1)(ii)Section 47

68,22,748/-. Combined profit of two units is Rs.2,22,65,415/- itself proves that the assessee's contention is wrong. The AO observed that consequently in DTA unit, whose income is chargeable to income tax but it does not have any deduction/exemption benefit u/s 10AA , consequently huge artificial losses are created by deliberately keeping the processing charges charged

SRINIVASA FASHIONS PVT LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA Nos 1965, 1966 & 1967 are

ITA 1968/CHNY/2016[2011-12]Status: DisposedITAT Chennai30 Nov 2017AY 2011-12

Bench: Shri N.R.S. Ganesan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 1965, 1966, 1967, 1968 /Mds/2016 & 2096/Mds/2017 "नधा"रण वष"/Assessment Years : 2008-09, 2008-09, 2010-11, 2011-12& 2009-10 M/S. Srinivasa Fashions Pvt. Ltd., Deputy Commissioner Of Income Tax, 1A, Regency Apartments, Vs. Corporate Circle -6(2), No. 5, 1St Lane, Aayakar Bhavan, New Block, 7Th Floor, 121 M.G. Road, Nungambakkam High Road, Chennai - 600 034. Chennai - 600 034. [Pan: Aaics 9511R]

For Appellant: ShriT. Banusekar, CAFor Respondent: Shri S. Bharath, CIT
Section 10ASection 143(3)Section 148Section 32(1)(ii)Section 47

68,22,748/-. Combined profit of two units is Rs.2,22,65,415/- itself proves that the assessee's contention is wrong. The AO observed that consequently in DTA unit, whose income is chargeable to income tax but it does not have any deduction/exemption benefit u/s 10AA , consequently huge artificial losses are created by deliberately keeping the processing charges charged

DCIT, CHENNAI vs. SRINIVASA FASHIONS LTD., CHENNAI

In the result, the assessee’s appeals in ITA Nos 1965, 1966 & 1967 are

ITA 1130/CHNY/2016[2011-12]Status: DisposedITAT Chennai30 Nov 2017AY 2011-12

Bench: Shri N.R.S. Ganesan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 1965, 1966, 1967, 1968 /Mds/2016 & 2096/Mds/2017 "नधा"रण वष"/Assessment Years : 2008-09, 2008-09, 2010-11, 2011-12& 2009-10 M/S. Srinivasa Fashions Pvt. Ltd., Deputy Commissioner Of Income Tax, 1A, Regency Apartments, Vs. Corporate Circle -6(2), No. 5, 1St Lane, Aayakar Bhavan, New Block, 7Th Floor, 121 M.G. Road, Nungambakkam High Road, Chennai - 600 034. Chennai - 600 034. [Pan: Aaics 9511R]

For Appellant: ShriT. Banusekar, CAFor Respondent: Shri S. Bharath, CIT
Section 10ASection 143(3)Section 148Section 32(1)(ii)Section 47

68,22,748/-. Combined profit of two units is Rs.2,22,65,415/- itself proves that the assessee's contention is wrong. The AO observed that consequently in DTA unit, whose income is chargeable to income tax but it does not have any deduction/exemption benefit u/s 10AA , consequently huge artificial losses are created by deliberately keeping the processing charges charged

SRINIVASA FASHIONS PVT LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA Nos 1965, 1966 & 1967 are

ITA 1967/CHNY/2016[2010-11]Status: DisposedITAT Chennai30 Nov 2017AY 2010-11

Bench: Shri N.R.S. Ganesan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 1965, 1966, 1967, 1968 /Mds/2016 & 2096/Mds/2017 "नधा"रण वष"/Assessment Years : 2008-09, 2008-09, 2010-11, 2011-12& 2009-10 M/S. Srinivasa Fashions Pvt. Ltd., Deputy Commissioner Of Income Tax, 1A, Regency Apartments, Vs. Corporate Circle -6(2), No. 5, 1St Lane, Aayakar Bhavan, New Block, 7Th Floor, 121 M.G. Road, Nungambakkam High Road, Chennai - 600 034. Chennai - 600 034. [Pan: Aaics 9511R]

For Appellant: ShriT. Banusekar, CAFor Respondent: Shri S. Bharath, CIT
Section 10ASection 143(3)Section 148Section 32(1)(ii)Section 47

68,22,748/-. Combined profit of two units is Rs.2,22,65,415/- itself proves that the assessee's contention is wrong. The AO observed that consequently in DTA unit, whose income is chargeable to income tax but it does not have any deduction/exemption benefit u/s 10AA , consequently huge artificial losses are created by deliberately keeping the processing charges charged

SRINIVASA FASHIONS PVT LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA Nos 1965, 1966 & 1967 are

ITA 1965/CHNY/2016[2008-09]Status: DisposedITAT Chennai30 Nov 2017AY 2008-09

Bench: Shri N.R.S. Ganesan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 1965, 1966, 1967, 1968 /Mds/2016 & 2096/Mds/2017 "नधा"रण वष"/Assessment Years : 2008-09, 2008-09, 2010-11, 2011-12& 2009-10 M/S. Srinivasa Fashions Pvt. Ltd., Deputy Commissioner Of Income Tax, 1A, Regency Apartments, Vs. Corporate Circle -6(2), No. 5, 1St Lane, Aayakar Bhavan, New Block, 7Th Floor, 121 M.G. Road, Nungambakkam High Road, Chennai - 600 034. Chennai - 600 034. [Pan: Aaics 9511R]

For Appellant: ShriT. Banusekar, CAFor Respondent: Shri S. Bharath, CIT
Section 10ASection 143(3)Section 148Section 32(1)(ii)Section 47

68,22,748/-. Combined profit of two units is Rs.2,22,65,415/- itself proves that the assessee's contention is wrong. The AO observed that consequently in DTA unit, whose income is chargeable to income tax but it does not have any deduction/exemption benefit u/s 10AA , consequently huge artificial losses are created by deliberately keeping the processing charges charged

SRINIVASA FASHIONS PVT. LTD.,CHENNAI vs. DCIT, CORPORATE CIRCLE-6(2), CHENNAI

In the result, the assessee’s appeals in ITA Nos 1965, 1966 & 1967 are

ITA 2096/CHNY/2017[2009-10]Status: DisposedITAT Chennai30 Nov 2017AY 2009-10

Bench: Shri N.R.S. Ganesan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 1965, 1966, 1967, 1968 /Mds/2016 & 2096/Mds/2017 "नधा"रण वष"/Assessment Years : 2008-09, 2008-09, 2010-11, 2011-12& 2009-10 M/S. Srinivasa Fashions Pvt. Ltd., Deputy Commissioner Of Income Tax, 1A, Regency Apartments, Vs. Corporate Circle -6(2), No. 5, 1St Lane, Aayakar Bhavan, New Block, 7Th Floor, 121 M.G. Road, Nungambakkam High Road, Chennai - 600 034. Chennai - 600 034. [Pan: Aaics 9511R]

For Appellant: ShriT. Banusekar, CAFor Respondent: Shri S. Bharath, CIT
Section 10ASection 143(3)Section 148Section 32(1)(ii)Section 47

68,22,748/-. Combined profit of two units is Rs.2,22,65,415/- itself proves that the assessee's contention is wrong. The AO observed that consequently in DTA unit, whose income is chargeable to income tax but it does not have any deduction/exemption benefit u/s 10AA , consequently huge artificial losses are created by deliberately keeping the processing charges charged

DCIT, CHENNAI vs. THE OFFICIAL LIQUIDATOR M/S. MASCON GLOBAL LTD. (IN LIQUIDATION), CHENNAI

Accordingly, the ground raised by the Revenue is dismissed

ITA 633/CHNY/2017[2004-05]Status: DisposedITAT Chennai22 Jun 2018AY 2004-05

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA(1) of the Act for determining the Arm's Length Price. By his order dated 16.03.2006 u/s 92CA(3) the TPO fixed

ACIT, CHENNAI vs. M/S. MASCON GLOBAL LTD., CHENNAI

Accordingly, the ground raised by the Revenue is dismissed

ITA 1139/CHNY/2008[2003-04]Status: DisposedITAT Chennai22 Jun 2018AY 2003-04

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA(1) of the Act for determining the Arm's Length Price. By his order dated 16.03.2006 u/s 92CA(3) the TPO fixed

DCIT, CHENNAI vs. THE OFFICIAL LIQUIDATOR M/S. MASCON GLOBAL LTD. (IN LIQUIDATION), CHENNAI

Accordingly, the ground raised by the Revenue is dismissed

ITA 634/CHNY/2017[2009-10]Status: DisposedITAT Chennai22 Jun 2018AY 2009-10

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA(1) of the Act for determining the Arm's Length Price. By his order dated 16.03.2006 u/s 92CA(3) the TPO fixed