INCOME TAX OFFICER, FEROZEPUR vs. UNIVERSAL BIOMASS ENERGY PVT LTD, GURUHARSAHAI
In the result, the appeal of the Revenue is dismissed
ITA 231/ASR/2024[2020-21]Status: DisposedITAT Amritsar28 Jul 2025AY 2020-21
Bench: Sh. Udayan Dasgupta & Sh. Brajesh Kumar Singh
For Appellant: Sh. Ashray Sarna, C.A
Section 140ASection 143(1)Section 154Section 250Section 80Section 801ASection 801A(4)Section 801A(7)
801A(4), was originally granted while processing the return of income u/s 143(1), there is no reason to deny the same in the order passed u/s 154, without adducing any proper reason to undertake the same.
Therefore, the JAO is directed to allow the deduction under Chapter VIA of Rs.4,17,68,024/- and determine the liability