MS SHIVA JYOTI CONSTRUCTION,AT- PATTAMUNDAI vs. AO, NEAFC, DELHI
In the result, appeal of the assessee stands partly allowed
ITA 342/CTK/2023[2018-19]Status: HeardITAT Cuttack05 Jun 2024AY 2018-19
Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwalassessment Year : 2018-2019 2019 M/S. M/S. Shiva Shiva Jyoti Jyoti Vs. The The Assessing Assessing Officer, Officer, Construction, At: Patrapur, Construction, At: Patrapur, Nfac, Delhi Nfac, Delhi Pattamundai, Kendrapara Pattamundai, Kendrapara Pan/Gir No Pan/Gir No.Abqfs 8602 P (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri Sandeep Kumar Jena, Sandeep Kumar Jena, Adv Revenue By : Shri Sanjay Kumar, Cit Shri Sanjay Kumar, Cit Dr Date Of Hearing : 05/0 06/2024 Date Of Pronouncement : 05/0 /06/2024 O R D E R Per Bench
For Appellant: Shri Sandeep Kumar JenaFor Respondent: Shri Sanjay Kumar, CIT
Section 142(1)Section 144Section 44A
depreciation over a turnover of Rs. 1,03,64,,45,352.00
thereby disclose taxable income at Rs.3, 42, 42,760.00 in the return.
The appellant also received interest income on income tax refund and fixed deposits made in order to procure works contract by way of earnest money and security deposits. The copy of the audited financial statements is enclosed
