Assistant Commissioner of Income-Tax vs. Laxmi Civil Engineering Services Pvt. Ltd., Kolhapur
In the result, the appeal of the Revenue in ITA No
ITA 1247/PUN/2015[2011-12]Status: DisposedITAT Pune26 Jun 2020AY 2011-12
Bench: Shri D. Karunakara Rao, Am & Shri S. S. Viswanethra Ravi, Jm Sl.
For Appellant: Shri Dr. P. Daniel, AdvFor Respondent: Shri B. Kishore
Section 132Section 132(4)Section 143(3)
…y on account of the undisclosed receipts from the housing project, Sai Nisarg Park – Mayureshwar amounting to Rs. 60,00,000/-. Thus, on this Ground assessee succeeds.” (Refer Para 40 on Page No. 174 of Paperbook for Case Laws) (b) ITO v. Gajraj Constructions [70 ITD 634 (Pune)] “5. The issue raised in the present appeal is against the additional claim of deduction under section 80-IB(10) of the Act in respect of undisclosed receipts. 13. The issue in the present appeal is identical to the issue before the Pune Bench of the Tribunal in Naresh T. Wadhwani (supra) and following the same parity of reasoning, we hold…