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1 result for “house property”+ Section 56(2)(viia)clear

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Section 372

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S BIOWORTH INDIA PRIVATE LIMITED , KOLKATA

In the result, the appeal filed by the revenue is dismissed

ITA 679/BANG/2019[2010-11]Status: DisposedITAT Bangalore12 Oct 2022AY 2010-11

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahuassessment Year : 2010-11

For Appellant: Shri Akkal Dudhewala, C.A by RevenueFor Respondent: Shri K Sankar Ganesh, JCIT (DR) by
Section 133(6)Section 37

properties. If the assessee claims that it is in the agency business involved in rendering services to pharmaceutical business the assessee ought to have disclosed income from such business. (Schedule 9 to Financials does not reveal such income - page 9 of assessee's paper book. Rs 1.5 lacs offered as service income was received from M/s Kemwell Pvt Ltd- Annexure