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Section 80I8 Section 2633 Section 143(3)3

AQATIC FROZEN FOODS GLOBAL PVT LTD,VISAKHAPATANAM vs. ACIT, CIRCLE1(1), VISAKHAPATANAM

In the result, appeal of the assessee is dismissed

ITA 100/VIZ/2022[2017-2018]Status: DisposedITAT Visakhapatnam27 Sept 2023AY 2017-2018

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Sri GVN Hari, ARFor Respondent: Dr. Satya Sai Rath, CIT-DR

Section 142(1)Section 143(3)Section 263Section 80I

depreciation and other expenditure. It is also found that the assessee has received an income of Rs. 4,38,01,028/- from Duty Draw Back and Rs. 5,39,69,173/- from MEIS. This Bench by relying on the decision of the Hon’ble 5 Supreme Court in the case of CIT vs. Meghalaya Steels Limited