M/S. N S HOTELS PRIVATE LIMITED,BANGALORE vs. INCOME TAX OFFICER, WARD-5(1)(1), BANGALORE
In the result, the appeal by the assessee is allowed for statistical purposes
ITA 1965/BANG/2024[2017-18]Status: DisposedITAT Bangalore29 Nov 2024AY 2017-18
Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2017-18 M/S. N. S. Hotels Pvt. Ltd., Vs. The Income Tax Officer, 1103, 20Th Cross, 14Th Main Road, Ward – 5(1)(1), 3Rd Sector, Hsr Layout, Bengaluru. Bengaluru – 560 034. Pan : Aaccn 6187 A Appellant Respondent Assessee By : Smt. Jharna B. Harilal, Ca. Revenue By : Shri. Subramanian S, Jcit(Dr)(Itat), Bengaluru. Date Of Hearing : 21.11.2024 Date Of Pronouncement : 28.11.2024 O R D E R Per Laxmi Prasad Sahuthis Appeal Is Filed By The Assessee Against The Order Of The National Faceless Appeal Centre (Nfac) [Din & Order No.Itba/Nfac/S/250/2024-25/1067691254(1)] Dated 16.08.2024. 2. Briefly Stated, The Facts Of The Case Are That The Assessee Filed Return Of Income On 07.11.2016 Declaring A Loss Of Rs.28,04,226/-. The Case Was Selected For Scrutiny & Statutory Notices Were Issued To The Assessee. During The Course Of Assessment Proceedings, Assessee At The First Instance Did Not Respond To The Ao’S Notice But Later Responded Page 2 Of 4
For Appellant: Smt. Jharna B. Harilal, CAFor Respondent: Shri. Subramanian S, JCIT(DR)(ITAT), Bengaluru
Section 142(1)Section 143(2)Section 43B
disallowance under section 43B of the Act, amounting to Rs.38,99,097/- and cash deposits amounting to Rs.33,50,000/- during the demonetization