INCOME TAX OFFICER, FEROZEPUR vs. MS.JATIN AGRO, FORT ROAD
In the result, the appeal of the revenue is dismissed
ITA 104/ASR/2024[2017-18]Status: DisposedITAT Amritsar15 Jan 2026AY 2017-18
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta(Physical Hearing) I.T.A. No. 103 & 104/Asr/2024 Assessment Years: 2014-15 & 2017-18 Ito, Ward-3(1), Vs. M/S Jatin Agro Fort Road, Ferozepur. 152-P, Ferozepur. [Pan:-Aarpm5393F] (Appellant) (Respondent) Sh. Ashray Sarna, Ca Appellant By Respondent By Sh. Sunil Gautam, Cit. Dr
Section 143(3)Section 148Section 250Section 35A
163 (Delhi
HC)
e. DCIT vs. G. G. Continental Traders (P.) Ltd. [2023] 151
taxmann.com 384 (Amritsar - Trib.)
I.T.A. No. 103 & 104/Asr/202
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Assessment Years: 2014-15 and 2017-18
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7.2. Hence, going by the above judgements, I hold that the income earned on such fixed deposits were rightly admitted under the head Business. The stand