AUTOLINE INDUSTRIES LIMITED,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1(1),, PUNE
In the result, appeal of the assessee in ITA No
ITA 2983/PUN/2017[2013-14]Status: DisposedITAT Pune21 Nov 2019AY 2013-14
Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita Nos. 970 & 2983/Pun/2017 नििाारण वषा / Assessment Years : 2012-13 & 2013-14 Autoline Industries Limited. S. No.313-314 & 320-323, Nanewarwadi, Chakan, Pune-410501. Pan : Aabca4534D .......अऩीऱाथी / Appellant बिाम / V/S.
For Appellant: Shri Sharad Shah &For Respondent: Shri T. Vijaya Bhaskar Reddy, CIT
Section 115JSection 14Section 14A
depreciation in the year under consideration. Thus, the ground raised by the Revenue is dismissed and that of the assessee is allowed.”
Respectfully following the aforesaid decision as analyzed through various judicial pronouncements and specific legal parameters, we allow ground No.3 of the appeal raised by the assessee in assessment year 2012-
13. Thus, ground No.3 raised in appeal