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
disallowance of Health &
Education Cess of Rs.1,17,28,143/-
2.3
The PCIT issued a show cause notice dated 17.03.2025 alleging that the AO failed to conduct proper verification in respect of:
difference between professional & technical services as per Form 3CD
and ITR, substantial increase in “other expenses”,
deduction of capital gains from business income,
stock valuation,
additions to fixed
