SHRI PAVAN M.SHARMA L/H OF LATE MAHESH L.SHARMA,AHMEDABAD vs. THE INCOME TAX OFFICER,WARD-9(2),, AHMEDABAD
In the result, the appeal of the assessee is allowed
ITA 1029/AHD/2013[2003-04]Status: DisposedITAT Ahmedabad30 Mar 2022AY 2003-04
For Appellant: Shri Tushar Hemani, Sr. A.R. &For Respondent: Shri Purushottam Kumar, Sr. D.R
Section 144Section 22Section 234BSection 271Section 271DSection 27ISection 57Section 68
house property.
5. The assessee filed appeal before the ld. CIT(A) against the above order. With respect to claim of the assessee that the interest income amounting to Rs. 6,98,780/- qualifies as business income, the assessee submitted that assessee was in the business of providing need based finance and acting as agent which has given rise
