M/S. BHARAT BEEDI WORKS PRIVATE LIMITED,MANGALURU vs. DEPUTY COMMISIONER OF INCOME TAX, CENTRAL CIRCLE - 2, MANGALURU
In the result, the appeals filed by the assessee for all the four A
ITA 643/BANG/2024[2018-19]Status: DisposedITAT Bangalore21 Apr 2025AY 2018-19
Bench: SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER\nAND\nSHRI SOUNDARARAJAN K. (Judicial Member)
For Appellant: Shri Chythanya .K, SrFor Respondent: Shri E. Shridhar, CIT-DR
Section 143(2)Section 143(3)Section 14A
40A(3) and insufficiency of\nvouchers – Rs.17,92,25,000/-\nd) Addition made based on the declaration given by the Director – Rs.20\nLakhs\ne) Labelling Expenses – Rs.23,60,587/-\nf) Addition based on the seizure of cash – Rs.63 Lakhs\ng) Disallowance u/s.14A – Rs.70,79,282/-\n7.\nThe AO made the additions based on the results of the search and\nalso
