THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed

Bench: S/Shri Chandra Poojari, Am &George George K., Jm

43,520/-. The CIT(A) has gone wrong in arriving at the net surplus without considering the construction expenses of Rs.16,11,88,680/- spent by the appellant up to 31- 03-2016 (relating to assessment year 2016-17). 4. The assessee has also raised common additional ground of appeals as follows: Whether the AO is justified in making assessment

THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed