Case Law Details
Case Name : Singareni Collieries Co. Ltd Vs DCIT (ITAT Hyderabad)
Related Assessment Year : 2018-19
Courts :
All ITAT ITAT Hyderabad
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Singareni Collieries Co. Ltd Vs DCIT (ITAT Hyderabad)
ITAT Hyderabad Grants Major Relief to Singareni Collieries – Educational Society Contribution Allowed, Other Additions Remanded
Hyderabad Tribunal delivered a consolidated order on cross appeals filed by Singareni Collieries Co. Ltd. (“SCCL”) and the Revenue against CIT(A)/NFAC’s order dated 30.01.2024 for AY 2018-1
1. Closing Stock Difference (₹6.91 Cr)
AO added difference between standalone & consolidated financials as unexplained stock.
Tribunal: Difference may relate to subsidiary’s stock consolidation. Matter remanded t...
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