FIRST TEK PRIVATE LIMITED,HYDERABAD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA
In the result appeals of the revenue for the A
ITA 577/VIZ/2019[2010-2011]Status: DisposedITAT Visakhapatnam24 Nov 2020AY 2010-2011
Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.574-577/Viz/2019 & 609/Viz/2019 (निर्धारण वर्ा/Assessment Year:2007-08 To 2010-11 & 2011-12) M/S First Tek Private Limited Vs. Asst.Commissioner Of Bhavanasi Anjaneyulu Income Tax Sri Balaji Chemical Industries Central Circle Main Road, Piduguralla Vijayawada Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.607/Viz/2019 & 608/Viz/2019 (निर्धारण वर्ा/Assessment Year:2009-10 & 2011-2012) Asst.Commissioner Of Vs. M/S First Tek Private Limited Income Tax Bhavanasi Anjaneyulu Central Circle Sri Balaji Chemical Industries Vijayawada Main Road, Piduguralla Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar रधजस्व की ओर से /Revenue By : Shri D.K.Sonowal, Cit, Dr सुिवधई की तधरीख / Date Of Hearing : 23.09.2020 घोर्णध की तधरीख/Date Of 24.11.2020 Pronouncement
For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 10ASection 143(3)Section 14ASection 1O
100% profits derived from the export of software. In the instant case, by providing various details, information, the assessee has proved that it was in the activity of software export and received foreign exchange on account of software export. No enquiries were made with the importing country, no evidence was brought on record from the STPI to establish that