DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -1(2), BENGALURU vs. M/S. PURVANKARA PROJECTS LIMITED, BENGALURU
In the result, the appeals of the revenue are allowed for statistical purposes
ITA 348/BANG/2021[2011-12]Status: DisposedITAT Bangalore08 Nov 2021AY 2011-12
Bench: Shri N.V. Vasudevan & Shri Chandra Poojari
For Appellant: Shri Pradeep Kumar, CIT(DR)(ITAT), BengaluruFor Respondent: Shri Padamchand Khincha, CA
Section 139(1)Section 80Section 80I
801B of the IT Act
(iii)
Project wise detailed profit and loss account of IT Act for all the years starting from AY 2010-11 to 2017-18
6. The AO observed that the assessee has just submitted the computation of profitability of individual projects u/s 80IB regarding the maintenance of separate accounts of the eligible projects. However