THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, VISAKHAPATNAM vs. ALFA ELECTRONIC SERVICES(INDIA) PRIVATE LIMITED, VISAKHAPTNAM
In the result, appeal filed by the revenue is allowed
ITA 51/VIZ/2021[2014-15]Status: DisposedITAT Visakhapatnam30 Oct 2024AY 2014-15
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.Nos. 50, 51 & 53/Viz/2021 (निर्धारण वर्ा/ Assessment Years: 2013-14, 2014-15 & 2015-16) Acit – Circle – 1(1) V. M/S. Alfa Electronic Services (India) Prathyakshakar Bhavan, Sector – 8 Private Limited Mvp Double Road, 49-22-5, Sri Sai Mansions Visakhapatnam – 530017 Lalitha Nagar, Visakhapatnam – 530016 Andhra Pradesh Andhra Pradesh [Pan: Aahca3583E] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
Section 131Section 133ASection 142(1)Section 143(2)Section 143(3)Section 43BSection 68
43B of the Act for Rs. 68,10,031/-. The Ld. CIT(A) also deleted the addition of Rs.6,59,500/- under section 68 of the Act with respect to the Trade Creditor M/s. Electronic Mechanical Engineering Services. The Ld.CIT(A) also by relying on the decision of ITAT, Visakhapatnam Bench in the case of Hindustan shipyard limited
