M/S ADITYA BIRLA CHEMICALS INDIA LTD.,PALAMAU vs. ACIT, RANCHI
In the result, Assessee`s appeals are allowed and Revenue`s appeals are dismissed and cross objections filed by the assessee are allowed to the extent indicated above
ITA 127/RAN/2015[2010-11]Status: DisposedITAT Ranchi08 Jul 2020AY 2010-11
Bench: Shri S.S.Godara, Jm & Dr. A. L. Saini, Am I.T.A Nos. 125 To 127/Ran/2015 Assessment Years: 2008-09 To 2010-11 M/S. Aditya Birla Chemicals India Vs. Acit, Circle – 1, Ltd. (Formerly Known As Bihar Ranchi Caustic & Chemicals Ltd.) Rehla, Palamau – 822124. Pan/Gir No. : Aaacb 7747 A (Appellant) .. (Respondent)
Section 143(3)Section 40
depreciation thereon. Accordingly, it would be reasonable to allow the ISO expenses being certification expenses as revenue item and delete the disallowance in this regard. Reliance in this regard is placed on the case of Lubi Submersible Ltd., in ITA No.
1179/Ahd/2007 for A.Y.2004-2005 dated 26-2-2010 wherein the Hon’ble
Tribunal had allowed similar claim by holding that
