APOLLO TYRES LTD.,COCHIN vs. DCIT CORPORATE CIR 1(1), KOCHI
In the result, the appeal filed by the assessee stands partly allowed for statistical purposes
ITA 679/COCH/2024[2020-21]Status: DisposedITAT Cochin10 Sept 2025AY 2020-21
Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm Assessment Year: 2020-21 Apollo Tyres Ltd. .......... Appellant 3Rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036 [Pan: Aaaca6990Q] Vs. Acit, Corporate Circle-1(1), Kochi ......... Respondent Assessee By: Shri Abraham Joseph Markos, Adv. Revenue By: Shri Sanjit Kumar Das, Cit-Dr Date Of Hearing: 20.08.2025 Date Of Pronouncement: 10.09.2025
For Appellant: Shri Abraham Joseph Markos, AdvFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 115JSection 143(3)Section 154Section 35Section 92C
133,26/-
Total
Rs. 11620.54/-
The AO was of the opinion that in the absence of quantification of expenditure by DSIR the balance amount cannot be allowed. Accordingly made addition u/s. 35(2AB) of Rs. 36,69,03,588/-
5. On receipt of the draft assessment order, the appellant company filed objections before the Dispute Resolution Panel
(DRP) contesting
