THE ACIT, CIRCLE-1(1)(1), AHMEDABAD vs. SUMEDHA SPACELINKS LLP, AHMEDABAD
In the result, appeal preferred by the Revenue is dismissed
ITA 438/AHD/2022[2018-19]Status: DisposedITAT Ahmedabad30 Aug 2024AY 2018-19
Bench: Shri T.R. Senthil Kumar & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. No. 438/Ahd/2022 ("नधा"रण वष" / Assessment Years : 2018-19) Acit Sumedha Spacelinks Llp बनाम/ Circle 1(1)(1), Ahmedabad 25, Shukan Mall, 4Th Floor, Vs. Nr. Rajasthan Hospital, Shahibaug, Ahmedabad, Gujarat - 380004 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Acdfs5396Q (Appellant) .. (Respondent) Shri Sudhendu Das, Cit. Dr अपीलाथ" ओर से /Appellant By : ""यथ" क" ओर से/Respondent By : Shri S. N. Soparkar, Sr. Advocate & Shri Parin Shah, Ar Date Of Hearing 27/08/2024 Date Of Pronouncement 30/08/2024 O R D E R Per Shri Narendra Prasad Sinha, Am: This Appeal Is Filed By The Revenue Against The Order Of The National Faceless Appeal Centre (Nfac), Delhi (In Short ‘The Cit(A)’) Dated 30.09.2022 For The Assessment Year 2018-19. 2. The Brief Facts Of The Case Are That The Assessee Is Llp Engaged In The Business Of Real Estate. The Original Return Of Income For A.Y. 2018-19 Was Filed By The Assessee On 23.09.2018
For Respondent: Shri S. N. Soparkar, Sr. Advocate &
Section 143(3)
Section 143(3) of the Income
Tax Act, 1961 (in short ‘the Act’) on 29.04.2021 at total income of Rs.85,93,94,775/-. In the course of assessment, the AO had made additions in respect of disallowance of general expenses, disallowance of WIP and undisclosed revenue. Aggrieved with the order of the AO, the assessee has filed an appeal before
