THE MALNAD ARECANUT SYNDICATE PRIVATE LIMITED ,SHIMOGA vs. INCOME TAX OFFICER, WARD-1 & TPS, SHIMOGA
In the result, appeal filed by the assessee is allowed
ITA 340/BANG/2025[2022-23]Status: DisposedITAT Bangalore03 Jul 2025AY 2022-23
Bench: Shri. Laxmi Prasad Sahu & Shri. Prakash Chand Yadavassessment Year : 2022-23
For Appellant: Shri. Madhu, AdvocateFor Respondent: Shri. Ganesh R. Ghale, Advocate, Standing Counsel for Revenue
Section 143Section 194Q
194Q
Purchase
2,47,866/-
194I(b)
68,844/-
Total
7,79,679/-
3. Assessee filed return of income on 19.11.2022 declaring total income of Rs.38,28,600/- as under, and claimed TDS as noted above :
i.
Income from House Property – Rs.4,44,807/- ii.
Profit and Gains from Business/Profession – Rs.31,65,369/- iii.
Income from Other Sources – Rs.2
