M/S.US TECHNOLOGY INTERNATIONAL P. LTD,TRIVANDRUM vs. THE JCIT, TRIVANDRUM
In the result, the appeal filed by the assessee is allowed
ITA 247/COCH/2017[2009-10]Status: DisposedITAT Cochin23 Jul 2018AY 2009-10
Bench: Shri Chandra Poojari, Am & Shri George George K, Jm
For Appellant: Sri.M.Raghunathan SFor Respondent: Sri.Santam Bose
Section 10ASection 10BSection 143(1)Section 143(3)Section 144CSection 263
482 (Bom.)] . The learned Departmental
Representative, on the other hand, supported the order passed u/s 263 of the I.T.Act.
5. We have heard the rival submissions and perused the material on record. The revisionary order u/s 263 of the I.T.Act was passed on 27.03.2017. Section 263(2) of the I.T.Act stipulates that no order u/s 263(1) can be made