5 results for “disallowance”+ Section 194C(5)clear
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Bench: Shri Saktijit Dey, Vice- & Shri M. Balaganeshassessment Year: 2009-10 Income-Tax Officer, Versus Laxmi Electronics, F-32, Ward 1(3)(2), New Delhi. Industrial Area, Haridwar. Pan:Aacfl6648R (Appellant) (Respondent) Assessee By : None Revenue By : Sh. A.S. Rana, Sr. Dr Date Of Hearing : 22.06.2023 Date Of Pronouncement: 22.06.2023 Order This Is An Appeal By The Revenue Against Order Dated 31.01.2017 Of Learned Commissioner Of Income-Tax (Appeals), Agra (Camp At Dehradun) For The Assessment Year 2009-10. 2. In Ground No.1, The Revenue Has Challenged Deletion Of Addition Of Rs.2,57,71,163/- On Account Of Unconfirmed Purchases.
section 194C of the Act, hence, there was no obligation on the assessee to deduct tax at source, however, it is apparent, learned Commissioner (Appeals) did not accept the said submission of the assessee and sustained disallowance of Rs.1,08,000/-. Whereas, he deleted balance amount of Rs.4,12,550/-. Thus, from the facts discussed 5