M/S REGEN RENEWABLE ENERGY GENERATION GLOBAL LIMITED ,CHENNAI vs. ACIT , INTERNATIONAL TAXATION CIRCLE - 2 (1) , CHENNAI
The appeals stand allowed for statistical purposes
ITA 685/CHNY/2022[2015-2016]Status: DisposedITAT Chennai10 Jul 2024AY 2015-2016
Bench: Hon’Ble Shri Manoj Kumar Aggarwal, Am & Hon’Ble Shri Manu Kumar Giri, Jm 1. आयकरअपील सं./ Ita No.684/Chny/2022 (िनधा;रण वष; / Assessment Year: 2014-15) & 2. आयकरअपील सं./ Ita No.685/Chny/2022 (िनधा;रण वष; / Assessment Year: 2015-16) M/S Regen Renewable Energy Acit बनाम Generation Global Limited International Taxation New No.1, Pulla Avenue, / Vs. Circle-2(1), Chennai. Shenoy Nagar, Chennai-600 030. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aafcr-0685-N (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ" कीओरसे/ Appellant By : Shri B. Ramakrishnan (Ca) – Ld.Ar " थ"कीओरसे/Respondent By : Mrs. Jyothi Lakshmi Nayak (Cit)-Ld. Dr सुनवाई की तारीख/Date Of Hearing : 03-06-2024 घोषणा की तारीख /Date Of Pronouncement : 10-07-2024 आदेश / O R D E R Manoj Kumar Aggarwal ()
For Appellant: Shri B. Ramakrishnan (CA) – Ld.ARFor Respondent: Mrs. Jyothi Lakshmi Nayak (CIT)-Ld. DR
Section 115A(1)(b)Section 143(3)Section 144CSection 144C(5)Section 147Section 148Section 153Section 234B
section 115A(1)(b) of the Act.
3. Without prejudice to the above, for that the Learned Assessing Officer, having held the appellant as the 'beneficial owner' of the royalty received, ought to have held the resident Holding company responsible for failure to deduct the due tax at source on payments made to the appellant being a foreign company
