DCIT, CIRCLE-3(2), HYDERABAD, HYDERABAD vs. SPANDANA SPHOORTHY FINANCIAL LTD., HYD, HYDERABAD
ITA 1474/HYD/2016[2011-12]Status: DisposedITAT Hyderabad27 Sept 2021AY 2011-12
Bench: Smt. P. Madhavi Devi & Shri Laxmi Prasao Sahuassessment Year: 2011-12 Spandana Sphoorty Vs Dy. Commissioner Of Financials Ltd., Income Tax, Circle-3(2), Hyderabao. Hyderabao. Pan – Aaics 6213N (Appellant) (Respondent) Assessment Year: 2011-12 Dy. Commissioner Of Vs Spandana Sphoorty Income Tax, Circle-3(2), Financials Ltd., Hyderabad. Hyderabad. Pan – Aaics 6213N (Appellant) (Respondent) Assessee By: Shri G.V.N. Hari Revenue By: Shri Y.V.S.T. Sai Date Of Hearing: 10/08/2021 Date Of Pronouncement: 04/10/2021 O R D E R Per L.P. Sahu, A.M.:
For Appellant: Shri G.V.N. HariFor Respondent: Shri Y.V.S.T. Sai
Section 143(1)Section 143(3)Section 14ASection 263
Depreciation
Spandana Spoorty Financial Ltd., Hyd.
on website 1,152
Disallowance u/s 14A 6,77,46,792
Loss assessed
27,23,29,304
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4. By virtue of powers vested under section 263 of the Income
Tax Act, 1961, the Pr. CIT – 3, Hyderabad called for the assessment records of the assessee company for the Assessment Year
