M/S. SURYA AUTOMOBILES PRIVATE LIMITED,ABOHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-II, BATHINDA

In the result, appeal is allowed for statistical purposes

Bench: Shri Udayan Das Gupta & Shri Krinwant Sahayaftfrcf ^T./Ita No. 348/Asr/2023 / Assessment Year : 2014-15 Surya Automobiles Pvt The Dcit, <Shh Circle Ii, Ltd., Near Dav Campus, Bhatinda Hanumangarh Road, Abohar ^|41<^H./Pan No: Aafcs271 In Ul^^Ff/Respondent Appellant

2 of A.O. ' Rs. 168397/- Interest in term of section 14(a) of the Act. Rs. 344431/- Service tax Incentive receipt. Rs. 18,82,009/- Non capitalization of interest on borrowed funds for construction of building vide para 5 of A.O. Rs. 17211/- disallowance for service tax on incentive receipt. Aggrieved with the order of A.O. the appellant went