KAMBOJ TRADING COMPANY,GURUHARSAHAI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3, LUDHIANA
In the result, appeal of the Assessee is allowed for statistical purposes
ITA 622/CHANDI/2023[2018-19]Status: DisposedITAT Chandigarh03 May 2024AY 2018-19
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)
For Appellant: None (Written Submission)For Respondent: Smt. Amanpreet Kaur, Sr. DR
Section 127Section 133ASection 142(1)Section 143(1)Section 143(2)Section 250Section 253Section 272A(1)(d)
disallowed u/s 40(b)(ii) and added to the income.
7. During the original proceedings the assessee has submitted rely on 25/04/2021
which is reproduced below:
“ That salary paid to partners of Rs. 7,80,000/- during the A.Y. 2018-19 is within the provision of section 40b
