DEMPO INDUSTRIES PRIVATE LIMITED,PANAJI vs. INCOME TAX OFFICER, WARD -1(2), PANAJI
The appeal of the assessee is ALLOWED in above terms
ITA 131/PAN/2019[2010-11]Status: DisposedITAT Panaji01 Sept 2023AY 2010-11
Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshali(Through Virtual Hearing At Pune) आयकर अपील सं. / Ita No. 131/Pan/2019 धििाारण वर्ा / Assessment Year : 2010-11 Dempo Industries Pvt. Ltd., Dempo House, Campal, Panaji, Goa - 403001 Pan: Aaacu1745F . . . . . . . अपीलार्थी / Appellant
For Appellant: Ms Rucha VaidyaFor Respondent: Mr Prabhakar Anand DJ
Section 139Section 143(3)Section 246A(1)Section 250Section 253(1)(a)Section 263Section 32(1)(iia)
139 of the Act. The case of the assessee was subjected to scrutiny and the regular assessment in the first instance u/s 143(3) of the Act was completed on 29/01/2013 assessing the total income at ₹8,73,34,825/-.
3.2 Subsequent to regular assessment upon direction of Ld. Pr. Commissioner of Income Tax, Panaji [‘PCIT’ in short