THE ACIT, CIRCLE-3(3),, AHMEDABAD vs. SHRI MANISH RAICHAND SHAH,, AHMEDABAD
In the result, the appeal filed by the Revenue is allowed for statistical purpose
ITA 620/AHD/2019[2009-10]Status: DisposedITAT Ahmedabad24 Aug 2022AY 2009-10
For Appellant: Shri Atul Pandey, Sr. D.RFor Respondent: Shri P.F. Jain, C.A
Section 143(3)Section 147Section 148Section 154Section 194ASection 194CSection 201Section 40
depreciation and RTO tax &
insurance expenses of Rs. 23,20,000/- and 40(a)(ia) disallowance on interest expense of Rs. 14,95,961/- paid to NBFCs without making deduction as required u/s. 194A of the Act. Thus, the income of the assessee is determined as Rs. 1,32,59,620/-.
3. Aggrieved against the rectification order, the assessee filed