DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI vs. ABCI INFRASTRUCTURES PRIVATE LIMITED, KOLKATA
In the result, the appeal of the assessee for Assessment Year
ITA 38/GTY/2022[2018-19]Status: HeardITAT Guwahati05 Apr 2023AY 2018-19
Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad
Section 143(3)Section 250Section 44A
73,44,011.87
Less: Discount Received
20,62,941.40
Activity at site
1,91,86,06,623.29
Closing stock
12,59,86,429.53
Total
1,91,65,43,681.89
15. In regard to the above, ld. Counsel for the assessee submitted that the assessee is engaged in the construction business undertaking infrastructure projects on turnkey basis from Govt.
Department/Govt. Agencies
