ASSAM BIO ETHANOL PRIVATE LIMITED,GUWAHATI vs. ITO W-1(1), GUWAHATI, GUWAHATI

Appeal is partly allowed

Bench: The Drp Was That The

section 1448 of the Act, pursuant to the directions of the Hon'ble DRP in assessing the income of the Appellant as INR 36,32,060/- for Assessment Year (AV) 2021-22 as against the returned loss of INR 11,078,992 declared by the Appellant. Ground 2: The Ld. AO/ Learned Assistant Commissioner of Income Tax, Transfer Pricing

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed