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)
68,335 is incurred
Business purpose. Further the Appellant submit that no fresh investment has been made during the current Financial Year and the Investments were made long and therefore the disallowance is not warranted.
Based on the above submission the Appellant prays that appeal be allowed.”
3. At the time of hearing, learned AR for the assessee
submitted that
