K.P. PRIME ASSETS PVT. LTD.,CUTTACK vs. ACIT, CIRCLE-2(1) , CUTTACK

In the result, the appeal of the assessee and revenue are allowed for statistical purposes

section 194C does not warrant any deduction on purchase of materials. The circumstantial back ground of the events involved in this case clearly leads to the contumacious nature of the assessee to inflate expenses and squeeze the generation of income to avoid tax liability. Otherwise, how can a & ITA No.67/CTK/2020 hotel employee be entrusted to supply sand to the project

ACIT, CIRCLE- 2(1), CUTTACK vs. K P PRIME ASSETS (P) LTD. , CUTTACK

In the result, the appeal of the assessee and revenue are allowed for statistical purposes