ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1,, KAKINADA vs. SRI LALITHA ENTERPRISES INDUSTRIES PRIVATE LIMITED, PEDDAPURAM
In the result, all the appeals filed by the Revenue and the Cross Objections filed by the assessee are dismissed
ITA 481/VIZ/2018[2009-10]Status: DisposedITAT Visakhapatnam25 Jan 2019AY 2009-10
Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble
For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri V. Appala Raju – Sr.DR
Section 143(3)Section 148Section 153CSection 801ASection 80I
3) r.w.s.
153A of the Act on 30/12/2010 and the assessment under section 153C r.w.s.263 was completed on 17/05/2013 assessing the income under normal provisions at Rs. 1,72,83,870/- and total income was computed. In the assessment order, the Assessing
Officer observed that while calculating the eligible deduction under section 80IA from the profits derived from the power
