DCIT, CHANDIGARH vs. CHANDIGARH HOUSING BOARD, CHANDIGARH

In the result, the appeal of the Revenue is dismissed

271(1)(c) of the of the Income Tax Act, 1961 (hereinafter referred to as ‘Act’). 2. The facts relating to the case are that in the assessment framed on the assessee u/s 143(3) of the Act, an addition of A.Y. 2012-13 Page 2 of 18 Rs.14,87,66,159/- had been made on account of interest income

SH.SOHAN LAL ARORA,MOHALI vs. ACIT, CHANDIGARH

In the result, the appeals of the assessee bearing