ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-3, SRINAGAR vs. M/S TRUMBO CEMENT INDUSTRIES PRIVATE LIMITED , SRINAGAR
In the result, the Ground no-1 of the Revenue for ITA No
ITA 123/ASR/2020[2012-13]Status: DisposedITAT Amritsar12 May 2023AY 2012-13
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 143(3)Section 14ASection 23(1)(va)Section 250Section 36Section 43BSection 68
23(1)(va) read with section 43B on account of late deposit of employee contribution to provident fund.
3. The ld. CIT(A) has erred in restricting the addition of Rs.24,11,992/- to 9,64,797/- @ 8% made on account of disallowance of expenses amount of Rs.1,20,59,960/- @ 20%.”
4. Brief fact of the case
