THE DY.COMMISSIONER OF INCOME-TAX, JAMMU vs. M/S FILL INDUSTRIES,, SRINAGAR
In the result appeal of the assessee ground no 4 to 4
ITA 289/ASR/2015[2002-03]Status: DisposedITAT Amritsar24 Feb 2023AY 2002-03
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 143(3)Section 250Section 32Section 43(1)Section 80I
Penalty proceedings u/s 271(1) (c) of the I.T. Act, 1961 are, therefore, initiated on this issue.”
14. The ld. counsel for the assessee further argued and relied on the order of the ld. CIT(A) the relevant paragraph 15 of the CIT(A) order is extracted as below:
“15 ISSUE 8:
DISALLOWANCEOFDEPRECIATIONOFRS.18,92,163/-
ANDRS. 3,10,253/- U/S
