M/s Jindal Aluminium Limited , Bangalore vs Deputy Commissioner of Income Tax (LTU) , Bangalore

Last updated: 17 December 2020

Court :
ITAT Bangalore

Brief :
These appeals at the instance of the assessee are directedagainst common order of the CIT(A) dated 19.11.2018. The relevant assessment years 2010-2011 and 2011-2012.

Citation :
ITA No.30/Bang/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCHES “C”, BANGALORE

Before Shri George George K, JM & Shri B.R.Baskaran, AM
ITA No.29/Bang/2019 : Asst.Year 2010-2011
ITA No.30/Bang/2019 : Asst.Year 2011-2012

M/s.Jindal Aluminium Limited
Jindal Nagar, Tumkur Road
Bangalore – 560 073.
PAN : AAACJ4324M.
(Appellant)

vs.

The Dy.Commissioner of
Income-tax, LTU
Bangalore.
(Respondent)

Appellant by : Smt.Saumya, Advocate.
Respondent by : Smt.R.Premi, JCIT-DR
Date of Hearing : 15.12.2020
Date of Pronouncement : 15.12.2020

O R D E R

Per George George K, JM

These appeals at the instance of the assessee are directedagainst common order of the CIT(A) dated 19.11.2018. The relevant assessment years 2010-2011 and 2011-2012.

2. Common issue is raised in these appeals, hence, they were heard together and are being disposed of by this consolidated order.

3. The solitary issue argued by the learned AR is that theCIT(A) has erred in confirming disallowance of part of deduction claimed u/s 80IA of the I.T.Act.

4. The brief facts of the case are as follow: The Assessing Officer had disallowed deduction claimedu/s 80IA of the I.T.Act for assessment years 2010-2011 and 2011-2013 amounting to Rs.5,32,639 and Rs.6,03,358, respectively. According to the A.O., common administrativeexpenses such as managerial remuneration, audit fees, staffwelfare expenses, advertising and selling expenses are to be apportioned between 80-IA unit and non 80-IA units. The expenses were apportioned in the ratio of turnover for both the years and disallowed.

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