KNOLDUS SOFTWARE LLP,DELHI vs. ACIT, CIRCLE-49(1), DELHI, DELHI
In the result, the Assessee’s appeal is allowed for statistical purposes
ITA 1847/DEL/2024[2019-20]Status: DisposedITAT Delhi10 Dec 2024AY 2019-20
Bench: Shri Shamim Yahya & Shri Yogesh Kumar Usa.Yr. : 2019-20 Knoldus Software Llp, Vs. Acit, Circle 49(1), 10/19, West Patel Nagar, Delhi New Delhi – 110 008 (Pan: Aamfk0433H) (Appellant) (Respondent)
For Appellant: NoneFor Respondent: Shri Om Prakash, Sr. DR
Section 115JSection 143(1)Section 37(7)
paragraph 15 of Annexure-Business and Profession, a sum of Rs. 23,35,799/- was disallowed on the premise of [disallowable under section 37(7)], and no reason was assigned for the same.
Against the above order, Assessee appealed before the Ld. CIT(A). It was claimed that the aforesaid