GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.,,AHMEDABAD vs. THE DCIT, CIRCLE-2(1)(1),, AHMEDABAD
Appeal of the assessee is partly allowed
ITA 1880/AHD/2019[2013-14]Status: DisposedITAT Ahmedabad19 Oct 2022AY 2013-14
Bench: Ms. Suchitra Kamble & Shri Waseem Ahmedassessment Year : 2013-14 Gujarat Mineral Development The Dy.Cit Corporation Limited Vs. Circle-2(1)(1) 6, Floor Khanij Bhavan Ahmedabad 132, Ft.Ring Road B/H. Gandhi Labour Institute, Ahmedabad Pan:Aaacg 7987 P अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Bandish Soparkar, Ar & Shri Parin Shah, Ar Revenue By : Shri Alok Kumar, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing : 07/09/2022 घोषणा क" तार"ख /Date Of Pronouncement: 19/10/2022 आदेश/O R D E R Per Ms.Suchitra Kamblethis Appeal Is Filed By The Assessee Against The Order Dated 23/10/2019 Passed By The Commissioner Of Income-Tax (Appeals)-2, Ahmedabad [“Cit(A)” In Short] For Assessment Year 2013-14. 2. The Ground Of Appeal Is As Under :- “1. On Facts & Circumstances Of The Case, Your Appellant, Most Respectfully Submits That The Ld.Cit(A) Has Erred In Law & On Facts By Confirming The Gujarat Mineral Development Corpn Ltd. Vs. Dcit Ay 2013-14
For Appellant: Shri Bandish Soparkar, AR &For Respondent: Shri Alok Kumar, CIT-DR
Section 143(3)Section 14ASection 263Section 43B
depreciation and disallowance u/s 43B in respect of payment made towards mining closure fund. The total income assessed by the Assessing Officer was Rs. 890,62,66,619/-.
4. Being aggrieved by the Assessment Order dated 10.10.2018, the assessee filed appeal before the CIT(A). The CIT(A) dismissed the appeal of the assessee.
5. The Ld. AR submitted that
