MESERS GANESH RICE MILLS,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-II, BATHINDA
In the result the appeal of the assessee ITA No
ITA 287/ASR/2018[2014-15]Status: DisposedITAT Amritsar15 Feb 2023AY 2014-15
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Sudhir Sehgal, A. RFor Respondent: Sh. Rohit Mehra, CIT DR
Section 133ASection 143(3)Section 250(6)
68
r.w.s 115BBE of the Act)
3. Applying GP rate of 11.87% (But the NA addition of Rs. 2,72,17,362, were covered by the AO in addition of Rs.
15,54,20,000/- and no separate addition was made)
Disallowance of expenses (1/4th and 4. 11,21,118
Ground Allowed
NA
1/5th) as debited
