ANDHRA PAPER LIMITED,RAJAHMUNDRY vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, RAJAHMUNDRY
In the result, appeal of the assessee is dismissed
ITA 349/VIZ/2024[2020-21]Status: DisposedITAT Visakhapatnam05 Dec 2025AY 2020-21
Bench: Shri Ravish Sood, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.349/Viz/2024 (निर्धारण वर्ा/ Assessment Year:2020-21) Vs. Acit – Circle -1 Andhra Paper Limited 14-6-9, Admin Office Veerabhadrapuram Kateru Road Rajahmundry-533101 Sri Ramnagar S.O. (Rajahmundry) Andhra Pradesh Rajahmundry (Urban) East Godavari – 533105 Andhra Pradesh [Pan: Aaact8849D]
Section 142(1)Section 143(2)Section 143(3)Section 92C
920/- for the A.Y. 2020-21. Subsequently, the case was selected for scrutiny under CASS on the following issues: -
i.
International Transactions.
ii.
ICDS Compliance and Adjustment.
iii.
Loss from Currency Fluctuations.
3. The assessee incorporated on 29.06.1964 is an integrated paper and pulp manufacturer. Subsequently, notice u/s. 143(2) of the Act was issued to the assessee
