2019 (3) TMI 1890

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ik Goda - Ld. AR ORDER Per Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by revenue for Assessment Year [in short referred to as 'AY'] 2013-14 contest the order of Ld. Commissioner of Income- Tax (Appeals)-8, Mumbai, [in short referred to as 'CIT(A)'], Appeal No. CIT(A)-8/IT-490/16-17 dated 09/10/2017 on following effective grounds of appeal: - 1. Whether in the fa....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n the income of the assessee was determined at Rs. 102.28 Lacs under normal provisions after disallowance of additional depreciation for Rs. 102.28 Lacs as against Nil return e-filed by the assessee on 28/11/2013. The assessee being resident corporate entity was stated to be engaged in manufacturing of flexible packaging material, printing cylinders & metallized films. 2. During assessment proc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....essee's claim. Aggrieved, the revenue is in further appeal before us. 4. The Ld. Authorized Representative for Assessee [AR], at the outset, drew attention to the fact that the Tribunal has confirmed the stand of Ld. first appellate authority for immediately preceding AY 2012-13 vide ITA No. 6360/Mum/2017 dated 31/01/2019 and therefore, the matter stood covered in assessee's favor. Although Ld.....