JOHN DISTILLERIES PVT LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE
In the result, appeals of the assessee in ITA No
ITA 987/BANG/2023[2016-17]Status: DisposedITAT Bangalore24 Jul 2024AY 2016-17
Bench: Shri Chandra Poojari & Shri Keshav Dubey
…y him is within the provisions of law, and nothing wrong therein could be pointed out by the ld. DR, and therefore, we uphold the same. 13. As a result, the appeal of the revenue is dismissed.” 20.25 In the case of Srikanth G. Shah v. ITO (ITAT Mum) (2008) (300 ITR 324) (AT) it was held as under: “18. We have given a careful consideration to the rival submissions made before us. We have also carefully gone through the relevant facts and the judicial pronouncements cited before us. In our view, the grounds raised by the assessee in appellate proceedings to the effect that the interest income disclosed by him in…