THE VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ASST. CIT,, VISAKHAPATNAM
In the result, CO raised by the assessee is disposed off as discussed herein above
ITA 325/VIZ/2017[2012-2013]Status: DisposedITAT Visakhapatnam27 Sept 2023AY 2012-2013
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)
Charitable Trust / institution. The Ld. CIT-1, Visakhapatnam
observed that allowing the deduction of expenditure relating to
the earlier assessment years during the AY 2010-11 amounted to
grant of double benefit to the assessee and therefore the order of
10
the Ld. AO is erroneous and also prejudicial to the interests of
the Revenue. The Ld. CIT-1, Visakhapatnam
