M/S KASHMIR STEEL ROLLING MILLS,JAMMU vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAMMU
In the result, the assessee’s appeal is partly allowed
ITA 548/ASR/2016[2009-10]Status: DisposedITAT Amritsar09 May 2018AY 2009-10
Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 548/(Asr)/2016 Assessment Year: 2009-10
For Appellant: Sh. Tarun Bansal (Adv.)For Respondent: Sh. Charan Dass (D.R.)
Section 143(3)Section 271Section 271(1)(c)
80G (Chapter VI-A of the Act / paras 6 to 6.2 of the assessment order). The same was accordingly disallowed, and penalty u/s. 271(1)(c) initiated.
The primary fact of the sum claimed as a business expense being in fact ‘Charity and Donation’ is not disputed; rather, admitted. The assessee offers no explanation, much less bona fide
