THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(3),, AHMEDABAD vs. THE KALUPUR COMMERCIAL CO. OP. BANK LTD.,, AHMEDABAD
In the result, the question is answered in favour of the assessee and against the Revenue and all Tax Appeals are dismissed
ITA 1864/AHD/2017[2014-15]Status: DisposedITAT Ahmedabad18 Jun 2019AY 2014-15
Bench: Shri Pramod Kumar & Ms. Madhumita Roy
For Appellant: Shri N. R. Soni, CIT-D.RFor Respondent: Shri S. N. Soparkar & Parin Shah, A.R
Section 142(1)Section 143(3)
u/s 5 r.w.s 145 of the I.T. Act and the case of the assessee is not covered by section 43D. In such, a situation, the concept
01 reality of income cannot be utilized for whittling down or nullifying the provision of section 5 of the I.T. Act. Under section 5, income has accrued to the assessee during the year
