“Section 30(1)(iii)”

Section References (mined)Section 30Section 30(1)(iii)1 judgments

M/S. VIDHATA ASSOCIATES,GANDHINAGAR vs. THE PR. CIT, GANDHINAGAR

In the result, the appeal of the assessee is allowed

ITA 419/AHD/2020[2015-16]Status: DisposedITAT Ahmedabad10 Apr 2024AY 2015-16

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

For Appellant: Shri Mehuk K. Patel, AdvocateFor Respondent: Shri Sudhendu Das, CIT-DR

Section 143(3)Section 263Section 30(1)(iii)Section 36(1)(iii)

going through the several issues for which the assessment proceedings were initiated, we observe that the issue of proportionate disallowance of interest under Section 30(1)(iii) of the Act was clearly not part of the limited scrutiny assessment. In the case of Sahita Construction Company Vs. Pr.CIT (ITAT Indore