SANDVIK ASIA PVT. LTD.,,PUNE vs. DCIT CIR.- 10,, PUNE
In the result, appeal of assessee is partly allowed
ITA 1459/PUN/2010[2006-07]Status: DisposedITAT Pune05 Jun 2018AY 2006-07
Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.1459/Pun/2010 यििाारण वषा / Assessment Year: 2006-07
For Appellant: Shri Nikhil PathakFor Respondent: Shri Rajeev Kumar, CIT
Section 143(3)Section 14ASection 220(2)Section 244ASection 32
depreciation @ 60% was allowed and net addition was of ₹ 10,70,641/-;
c)
Adjustment of interest paid under section 220(2) of the Act against interest received under section 244A