M/S VISAKA INDUSTRIES LIMITED,,SECUNDERABAD vs. DCIT, CIRCLE-3(3),, HYDERABAD
In the result, appeal of the assessee is dismissed
ITA 811/HYD/2014[2006-07]Status: DisposedITAT Hyderabad27 Jul 2018AY 2006-07
Bench: Smt P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2006-07 Dy. Commissioner Of Income- Vs. M/S Visaka Industries Ltd., Tax, Circle – 3(3), Hyderabad. Secunderabad. Pan – Aaacv 7263 K (Appellant) (Respondent) Assessment Year: 2006-07 M/S Visaka Industries Ltd., Vs. Dy. Commissioner Of Income- Secunderabad. Tax, Circle – 3(3), Hyderabad. Pan – Aaacv 7263 K (Appellant) (Respondent)
For Appellant: Shri M.V, AnilkumarFor Respondent: Shri M. Naveen
Section 143(3)Section 147Section 148Section 80GSection 80ISection 80l
depreciation and allowed assessee’s claim of deduction u/s 80IB. Hence, both the assessee and revenue are in appeal before us against the order of CIT(A).
4. First we take up revenue’s appeal in ITA No. 860/Hyd/2014
wherein the revenue has raised the following grounds of appeal:
1. The learned CIT(A) erred in law and on facts
