DR. REDDYS LABORATORIES LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-17(1), HYDERABAD, HYDERABAD
In the result, the appeal of the assessee is partly allowed for the statistical purposes
ITA 1723/HYD/2016[2007-08]Status: DisposedITAT Hyderabad08 Jul 2022AY 2007-08
Bench: Shri Laxmi Prasad Sahu & Shri K.Narasimha Charyassessment Years: 2007-08 Dr.Reddy’S Laboratories Vs. Dcit,Circle-17(1) Limited Hyderabad 8-2-337, Road No.3 Banjara Hills Hyderabad-500 034
For Appellant: Shri S.P.ChidambaramFor Respondent: Shri Y.V.S.T.Sai,CIT-DR
Section 143(3)Section 154Section 80I
section 80IB (Yanam) and 80IC
(Baddi) units respectively.
Yanam 80 IB Unit
Baddi 80 IC Unit
TTO of the Company (DRL)
Sales/income
78,66,36,730
206,31,19,015
3828,03,81,450
% on TTo of the 2.05%
5.38%
company (DRL)
Corporate overhead
2,59,74,074
6,81.66,106
expenditure allocated on the basis of %
Hence, these corporate