Assistant Commissioner of Income-tax, Circle - 6, , Pune Vs Suma Shilp Ltd,, Pune

Last updated: 03 October 2020

Court :
ITAT Pune

Brief :
This appeal preferred by the Revenue emanates from the order of the Ld. CIT(Appeals)-4, Pune dated 01.03.2017 for the assessment year 2012-13 as per the following grounds of appeal on record:

Citation :
ITA No.1758/PUN/2017

IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE

(Through Virtual Court)

BEFORE SHRI R.S.SYAL, VP AND

SHRI PARTHA SARATHI CHAUDHURY,

ITA No.1758/PUN/2017

Assessment Year : 2012-13

The Assistant Commissioner of Income Tax,

Circle-6, Pune

Appellant

V/s.

Suma Shilp Ltd.

93/5A, Erandwane,

Pune-411 004.

PAN: AACCS4724N

Respondent

Revenue by : Shri S.P Walimbe

Assessee by : Shri Nikhil Pathak

Date of Hearing : 30.09.2020

Date of Pronouncement : 01.10.2020

ORDER

PER PARTHA SARATHI CHAUDHURY, JM:

This appeal preferred by the Revenue emanates from the order of the Ld. CIT(Appeals)-4, Pune dated 01.03.2017 for the assessment year 2012-13 as per the following grounds of appeal on record:

“1. On the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in allowing the amount of Rs.1,77,45,946/- as claimed of deduction u/s.80IA(iv)(a) of the I.T. Act.

2. On the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in allowing the amount of Rs.9,84,391/- being prior period expenses.

3. For this and such other reasons as may be urged at the time of hearing the order of the Ld. CIT(A) may be vacated and that of the Assessing Officer be restored. 4. The appellant craves leave to add, alter, amend or delete any of the above grounds of appeal during the course of appellate proceedings before the Hon‟ble Tribunal.”

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