GODREJ INDUSTRIES LTD,MUMBAI vs. DCIT RG 10(2), MUMBAI
In the results, the appeal of the assessee is partly allowed and that of revenue stands dismissed
ITA 151/MUM/2015[2010-11]Status: DisposedITAT Mumbai10 Jan 2017AY 2010-11
Bench: Shri C.N. Prasad, Jm & Shri Rajesh Kumar, Am Godrej Industries Ltd., The Dy. Commissioner Of Kalyaniwlla & Mistry, Income-Tax-10(2), फनधभ/ Room No.475, 4Th Floor, Army & Navi Building, 148, Mahatma Gandhi Road, Aayakar Bhavan, Vs. Fort, M K Marg, Mumbai-400001 Mumbai-400020 Asst. Commissioner Of Income- Godrej Industries Ltd., Tax-14(1)(2), Pirojsha Nagar, Eastern फनधभ/ Room No.460, 4Th Floor, Express Highway, Aayakar Bhavan, Vikhroli, Vs. M K Marg, Mumbai-400079 Mumbai-400020 स्थधमी रेखध सं./ Pan : Aaacg2953R (अऩीरधथी /Appellant) (प्रत्मथी / Respondent) :
For Appellant: Shri F V IraniFor Respondent: Ms.Vidisha Kalra
Section 37(1)
1O,48,OOO/- added by the A.O.
The disallowance is restricted to Rs.8,26,99,OOO/-. The appellant had already disallowed Rs.36,98,OOO/-, hence, net amount allowable for disallowance is Rs.7,90,01,000/- rest of the amount is deleted i.e.Rs.25,20,47,000. Relief granted to the appellant is Rs.25,20,47,000/-
7
and 164/Mum/2015
