REINSHAW METRLOGY SYSTEMS LIMITED,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 5, PUNE
In the result, this appeal of the assessee is partly allowed
ITA 1560/PUN/2017[2012-13]Status: DisposedITAT Pune01 Apr 2022AY 2012-13
Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm आयकरअपऩलसं. / Ita No.1560/Pun/2017 निर्धारणवषा / Assessment Year: 2012-13 Renishaw Metrology Systems Limited, The D.C.I.T., S.No. 283, Hissa No. 2, S.No. 284, Vs Circle-5, Hissa No. 2 & 3A, Raisoni Estate, Pune. Village Mann Taluka, Mulshi, District- Pune 411057. Pan No. Aabcr6361F Appellant/ Assessee Respondent /Revenue Assessee By Shri Ajit Jain-Ar (Through Virtual) Revenue By Shri Piyush Kumar Singh Yadav-Dr (Through Virtual) Date Of Hearing 29/03/2022 Date Of Pronouncement 01/04/2022 आदेश/ Order Per:Shri Sonjoy Sarma, J.M. This Appeal By The Assessee Arises Out Of The Order Passed By The Ld.Commissioner Of Income Tax(Appeals)-13, Pune,(In Short, The Cit(A) In Relation To The Assessment Order Dated 23/03/2016 Passed By Dcit, Circle-5, Pune For The Assessment Year 2012-13.The Grounds Of Appeal Raised By The Assessee Are As Follows: “On The Facts & In Circumstances Of The Case & In Law, The Ld. Transfer Pricing Officer (Tpo)/Assessing Officer (Ao) Has Erred & The Hon/ Commissioner Of Income Tax (Appeals) (Cit(A)) Has Further Erred In Upholding/Confirming The Action Of The Ld. Tpo/Ao In: 1 Transfer Pricing General Ground 1.1 Making An Addition To The Appellant’S Total Income Based On The Provisions Of Chapter X Of The Act & Have Further Erred In Fact & In Law In Not Providing Any Reasons To Show That The Conditions Mentioned In Clauses (A) To (D) Of Section 92C(3) Of The
Section 92C(3)Section 92D
Section 271(1)(c) of the Act on the premise that the Appellant has concealed/furnished inaccurate particulars of income, without appreciating the fact that adjustment made is not in accordance with the law.
The appellant craves leave to add, alter, vary, omit, substitute or amend the above grounds of appeal, at any time before or at the time of hearing
