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1 result for “depreciation”+ Section 111Aclear

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Section 2637Section 143(3)3

PENNAR INDUSTRIES LIMITED,HYDERABAD vs. DCIT., CIRCLE-5(1),, HYDERABAD

In the result, the appeal filed by the assessee company is partly allowed/partly allowed for statistical purposes

ITA 832/HYD/2025[2020-21]Status: DisposedITAT Hyderabad27 Mar 2026AY 2020-21

Bench: Us:

Section 143(3)Section 263

111A of the Act. Thereafter, the AO framed the assessment vide his order passed under Section 143(3) r.w.s. 144B of the Act, dated 20.09.2022, wherein after making an addition of Rs. 6,04,653/-, the income of the assessee company was determined at Rs. 72,89,95,223/-. 3. Subsequently, the Ld. Pr. CIT after culmination of the assessment