ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1), VISAKHAPATNAM vs. SSNR PROJECTS PVT LTD, VISAKHAPATNAM
In the result, appeal filed by the Revenue is dismissed
ITA 161/VIZ/2022[2019-20]Status: DisposedITAT Visakhapatnam28 Feb 2024AY 2019-20
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.161/Viz/2022 ("नधा"रणवष"/ Assessment Year : 2019-20) Asst. Commissioner Of Income Vs. M/S. Ssnr Projects Private Tax, Circle-3(1), Limited, Visakhapatnam. Visakhapatnam. Pan: Aarcs 2464 C (अपीलाथ"/ Appellant) (""यथ"/ Respondent) C.O. No. 29/Viz/2023 (In आयकरअपीलसं./ I.T.A. No.161/Viz/2022) ("नधा"रणवष"/ Assessment Year : 2019-20) M/S. Ssnr Projects Private Vs. Asst. Commissioner Of Limited, Income Tax, Circle-3(1), Visakhapatnam. Visakhapatnam. Pan: Aarcs 2464 C (Cross Objector / Respondent In (Appellant In Appeal) Appeal) अपीलाथ"क"ओरसे/ Assessee By : Sri Samuel Nagadesi ""याथ"क"ओरसे/ Revenue By : Dr. Aparna Villuri, Sr. Ar सुनवाईक"तार"ख/ Date Of Hearing : 05/02/2024 घोषणाक"तार"ख/Date Of : 28/02/2024 Pronouncement O R D E R
For Appellant: Sri Samuel NagadesiFor Respondent: Dr. Aparna Villuri, Sr. AR
Section 139Section 139(1)Section 143(1)Section 90
68,235/-. The assessee claimed foreign tax
credit of Rs. 2,83,87,928/- while filing the return of income but
has not filed Form-67 as prescribed under Rule 128(9) of the IT
Rules, 1962. Thereafter, the return was summarily processed by
the CPC Bangalore wherein the CPC disallowed the assessee’s
claim of relief