CEIGALL INDIA LIMITED, LUDHIANA,LUDHIANA vs. PRINCIPAL COMMISSIONER OF INCOME TAX, LUDHIANA, LUDHIANA
In the result, the appeal of the assessee stands allowed
ITA 540/CHANDI/2025[2020-21]Status: DisposedITAT Chandigarh13 Oct 2025AY 2020-21
Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)
For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Smt. Tarundeep Kaur, CIT, DR(Virtual)
Section 143(2)Section 143(3)Section 263
TDS was deducted; no discrepancy was shown.
f. On capital gains, AO adopted a legally tenable view consistent with section 50. 8
g. On fixed asset additions, the issue was never part of scrutiny; PCIT travelled beyond his jurisdiction.
5.1. The Ld. PCIT in the order in para 5.2 had mentioned with respect to other expensesmentioned as under:
Further, during