MILLENNIUM REAL ESTATE DEVELOPERS PVT. LTD,JALANDHAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR
In the result, the appeal filed by the assessee is allowed for statistical
ITA 653/ASR/2016[2012-13]Status: DisposedITAT Amritsar13 Sept 2023AY 2012-13
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: None (Written submission)For Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 132(1)Section 132(4)Section 14Section 14ASection 56Section 69Section 69ASection 71
56, with no other contrary specific provisions in section 69A, as invoked, clearly leaves no scope to read it otherwise and consequent application of the set off provisions u/s 71 of the Act.
3. That learned CIT (Appeals) while passing his orders have also summarily ignored the observations and decisions of the Hon'able Gujrat High Court in the case
