ACIT CIRCLE-2(1), GHAZIABAD vs. ZILA SAHIKARI BANK LIMITED, GHAZIABAD
In the result, appeal and cross objection both are dismissed
ITA 3/DEL/2021[2007-08]Status: DisposedITAT Delhi29 Feb 2024AY 2007-08
Bench: Shri N.K. Billaiya & Ms Astha Chandraita No:- 3/Del/2021 (Assessment Year: 2007-08)
For Appellant: Shri Akhilesh Kumar, AdvFor Respondent: Ms. Meenakshi Dohre, Sr. DR
Section 143(3)Section 147Section 148Section 36Section 36(1)Section 36(1)(viia)
reassessment proceedings u/s 147 of the Act the AO had recorded wrong reasons as the appellant had not claimed additional deduction of 5% as stated in the reasons recorded by the AO. Instead the appellant had claimed deduction at the rate of 7.5% as per Section 36(1)(viia
