2022-TIOL-437-ITAT-AHM
Dakshin Gujarat Vij Company Ltd Vs Pr.CIT
Whether assessment order is erroneous as well as prejudicial to the interest of the Revenue as amendment is not applicable in relation to AY 2015-16, to allow additional depreciation u/s 32(1)(iia) for which PCIT rightly passed order u/s 263 - YES : ITAT
- Assessee's appeal dismissed: AHMEDABAD ITAT
2022-TIOL-436-ITAT-DEHRADUN
Imsi India Pvt Ltd Vs JCIT
Whether assessee, established in State mentioned u/s 80IC(2)(a)(ii), having started business in specified period and performing functions mentioned in 13th/14th Schedule, is eligible for deduction u/s 80IC - YES: ITAT - Assessee's Appeals allowed: DEHRADUN ITAT
2022-TIOL-435-ITAT-MUM
Yatra Online Pvt Ltd Vs Pr.CIT
Whether power of revision is rightly exercised where the PCIT proceeds on an incorrect assumption of trade debts, where in fact such amounts qualify as advances & trade deposits - NO: ITAT
- Assessee's appeal partly allowed: MUMBAI ITAT |
