TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3) , ALLAHABAD

In the result, the appeal filed by assessee in ITA no

Bench: Shri.Vijay Pal Rao& Shri Ramit Kochar

disallowance of Rebate to the tune of Rs. 17,12,24,716/- . The assessee had claimed Rebate Expenses as deduction while computing income chargeable to tax under the head “ Profits and Gains from Business or Profession”. The assessee was asked to explain the same by AO in the proceedings conducted by AO u/s 143(3) read with Section

TRIVENI GLASS LIMITED,ALLAHABAD vs. INCOME TAX OFFICER WARD 2(3), ALLAHABAD