TMI Blog2020 (1) TMI 1653X X X X Extracts X X X X X X X X Extracts X X X X ..... oss of foreign currency swaps and deduction u/s 10B - HELD THAT:- As rightly contended by assessee, the order passed by the AO u/s 143(3)/263 of the Act has become nullity as a result of the order in HIMADRI CHEMICALS INDUSTRIES LTD. (NOW KNOWN AS HIMADRI SPECIALITY CHEMICAL LTD) [ 2018 (9) TMI 528 - ITAT KOLKATA ] passed by the Tribunal setting aside the order passed by the Ld. Pr. CIT u/s 263 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ri Radhey Shyam, CIT, DR For the Respondent : Ms. Puja Somani, ACA ORDER PER P.M. JAGTAP, VICE-PRESIDENT (KZ) This appeal is preferred by the Revenue against the order of Ld. CIT(A) 20, Kolkata dated 06.03.2019. 2. The assessee in the present case is a company which is engaged in the business of manufacturing of coal tar pitch etc. The return of income for the year under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment was completed by the AO u/s 143(3)/263 of the Act vide an order dated 20.07.2018 determining the total loss of the assessee company at Rs. 13,19,89,990/- and book profit u/s 115JB at Rs. 110,82,61,299/-. 3. Against the order passed by the AO u/s 143(3)/263, an appeal was preferred by the assessee before the Ld. CIT(A). Meanwhile the appeal filed by the assessee against the order of the Ld. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... become nullity as a result of the order dated 05.09.2018 (supra) passed by the Tribunal setting aside the order passed by the Ld. Pr. CIT u/s 263 on 28.03.2018 and consequently the proceedings arising from the said order including the appeal filed by the assessee against the order passed by the AO dated 20.07.2018 u/s 143(3)/263 before the Ld. CIT(A) has become infructuous as rightly held by the L ..... X X X X Extracts X X X X X X X X Extracts X X X X
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