2024 (2) TMI 533

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....: None For the Revenue : Shri Sudhendu Das, CIT-DR ORDER PER ANNAPURNA GUPTA, ACCOUNTANT MEMBER: The present appeal has been preferred by the Revenue against the order of the learned Commissioner of Income-tax (Appeals)-12, Ahmedabad (hereinafter referred to as "CIT(A)") dated 12.06.2023 passed u/s 250(6) of the Income-tax Act, 1961 (hereinafter referred to as "the Act") for Assessment....

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....rutiny assessment and accordingly notice u/s 143(2) was issued on 29.08.2011. Notices u/s 142(l) were also issued on 10.01.2012, 15.06.2012, 07.01.2013 & 17.01.2023. Thereafter, the assessment u/s 143(3) of the Act was completed by the Assessing Officer vide order dated 05.03.2013, making addition of Rs. 12,67,19,713/- u/s 10B of the Act and a further disallowance of Rs. 11,91,891/- towards expens....

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....before the Tribunal. 6. At the time of hearing before us, we observe that, in the quantum appeal, the Tribunal has deleted the quantum addition vide order dated 11.03.2021 in ITA No.1318/Ahd/2014. In the light of the order of the Tribunal in the quantum proceedings where the Tribunal deleted the addition, and in view of the Department's appeal to the High Court challenging the deletion of the s....