SAVLA AGENCIES,ALLAHABAD vs. JCIT, RANGE-I, , ALLAHABAD
In the result, the appeal of the assessee is partly allowed
ITA 28/ALLD/2022[2011-12]Status: DisposedITAT Allahabad06 Jan 2023AY 2011-12
Bench: Shri.Vijay Pal Raoassessment Year: 2011-12 Savla Agencies, V. Joint Commissioner Of Income Tax, 26, M.G. Marg, Civil Lines, Range-I, Allahabad Allahabad-211001 Pan-Aawfs0816J (Appellant) (Respondent) Appellant By: Mr. Tanmay Sadh, Adv Respondent By: Mr. A.K. Singh, Sr. Dr Date Of Hearing: 05.01.2023 Date Of Pronouncement: 06.01.2023 O R D E R
For Appellant: Mr. Tanmay Sadh, AdvFor Respondent: Mr. A.K. Singh, Sr. DR
Section 40
3,27,465 are duly considered. It is noted that while making the disallowance the Ld. AO observed that the appellant firm have 5 partners with each one having 20% share. On 05.04.2010 after unfortunate demise of one of the partners viz Shri Chetan Savla (who died unfortunately in an incident of robbery in which he was shot dead) partnership
