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
72A(6) r.w.s 47(xii) is applicable. The AO is directed to allow claim of set off of unabsorbed depreciation after verification of conditions as laid down in section 47(xii) from the relevant records. These grounds of appeal are allowed for statistical purpose.”
The AR submitted that the order of the CIT(A) is not clear
