DCIT 5(3)(1), MUMBAI vs. M/S SERCO BPO PVT. LTD., MUMBAI
In the result, the appeal filed by the revenue is dismissed and the CO filed by the assessee is dismissed as infructuous
ITA 2354/MUM/2022[2009-10]Status: DisposedITAT Mumbai27 Feb 2023AY 2009-10
Bench: Shri Om Prakash Kant & Shir Pavan Kumar Gadaledcit – 5(3)(1) Vs. M/S Serco Bpo Pvt Room No. 573, Ltd.(As Successor Of Aayakar Bhavan, Intelnet Global Service Mumbai – 400 020. Pvtltd),Teleperformance Tower, Plot Cst No. 1406-A/28, Mindspace, Goregaon (W), Mumbai -400104. Pan/Gir No. : Aabcv2572L Appellant .. Respondent Co No. 136/Mum/2022 [Arising Out Of 2354/Mum/2022] (A.Y: 2009-10) Teleperformance Global Vs. Dcit – 5(3)(1) Service Pvt Ltd(Earlier Room No. 573, Serco Bpo Pvt Ltd), Aayakar Bhavan, Teleperformance Tower, Mumbai – 400020. Plot Cst No. 1406-A/28, Mindspace, Goregaon(W) Mumbai- 400104. Pan/Gir No. : Aabcv2572L Appellant .. Respondent
Section 115JSection 143(1)Section 143(2)Section 143(3)Section 148Section 68
115J of the Act.
In the light of the aforesaid reasons also, addition of the impugned share premium of Rs. 32,21,48,679, made by the AO to the book profits for the computation of MAT under section 115JB of the Act, is totally erroneous and bad in law.
6.3.2 Further, during the course of appeal proceedings, the appellant
