M/S NAHAR INDUSTRIAL ENTERPRISES LIMITED,LUDHIANA vs. ACIT,CIRCLE-7, LUDHIANA
In the result, the appeal of the assessee is partly allowed for statistical purposes
ITA 262/CHANDI/2020[2012-13]Status: DisposedITAT Chandigarh30 Jul 2021AY 2012-13
Bench: Shri N.K. Saini & Shri R.L Negiआयकर अपीलसं./Ita Nos. 262/Chd/2020 "नधा"रण वष" / Assessment Year : 20112-13 बनाम M/S Nahar Industrial The Acit, Enterprises, Focal Point, Circle-7, Aayakar Bhawan, Ludhiana. Rishi Nagar, Ludhiana "थायीलेखासं./Pan No: Aaccn3563A अपीलाथ"/Appellant ""यथ"/Respondent Hearing Through Video Conferencing "नधा"रतीक"ओरसे/Assessee By : Shri Navdeep Sharma, Adv. राज"वक"ओरसे/ Revenue By : Sh. Sandeep Dhaiya, Cit Dr सुनवाईक"तार"ख/Date Of Hearing : 04.05.2021 उदघोषणाक"तार"ख/Date Of Pronouncement : 30.07.2021 आदेश/Order Per R.L. Negi:
For Appellant: Shri Navdeep Sharma, AdvFor Respondent: Sh. Sandeep Dhaiya, CIT DR
Section 115JSection 143(3)Section 14ASection 36(1)(iii)Section 8D
section 14A. However, as observed above, in the case in hand, the Assessing officer has not followed the guidelines of objective satisfaction as laid down by the Hon'ble Bombay
High Court in the case of ‘Godrej & Boyce’ (supra) while making the disallowance.
Neither the Assessing Officer nor the Ld. CIT(A) has pointed out any defect in the working
