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Documents citing Ashok Leyland John Deere Construction ... vs Dcit Corporate Circle 1(1), Chennai on 7 March, 2019

Deputy Commissioner Of Income-Tax, ... vs Renishaw Metrology Systems Ltd,, Pune on 12 September, 2019

Authorized Representative for the assessee placed reliance at page 223 of Paper Book i.e. in the case of John Deere India Pvt. Ltd. Vs. DCIT reported as TS-927-ITAT-2016(PUNE)-TP, relating to assessment year 2009-10, wherein vide paras 18 and 19 the said concern was held to be not persistent loss making. We have considered the plea of assessee and find merit in the same and following the same parity of reasoning as in the decision of Pune Bench of Tribunal, hold that SIP Technologies Ltd. is to be included in the final list of comparables. The learned Authorized Representative for the assessee pointed out that in case two concerns are excluded and SIP Technologies Ltd. is included, then all other issues in ground of appeal No.2 would become academic. Hence, we do not adjudicate the same. The plea of assessee is allowed and addition made in this regard is deleted.
Income Tax Appellate Tribunal - Pune Cites 11 - Cited by 0 - Full Document
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