M/s. Continental Engines Pvt. Ltd., 3rd Floor, Tower-D, Global Business Park, M.G. Road, Gurgaon Vs. DCIT, Central Circle-26, New Delhi
January, 11th 2021
ITA Nos. 4468 & 4469/Del./2017
Assessment Years: 2010-11 & 2011-12
Appellant by Shri K.V.S.R. Krishna, Adv.
Respondent by Ms. Nidhi Srivastava, CIT(DR)
These two appeals by the assessee are directed against a common order dated 30/03/2017 passed by the learned CIT(Appeals)-31, New Delhi [in short ‘the Ld. CIT(A)’] for assessment years 2010-11 and 2011-12 respectively. As common issue in dispute are involved in both the appeals, same were hard together and disposed off by way of this consolidated order for convenience.
The grounds raised in ITA No. 4468/Del/2017 for assessment year 2010-11 are reproduced as under: