H.P.STATE CIVIL SUPPLIES CORPORATION vs. ASSTT.COMMISSIONER OF INCOME TAX
ITA/56/2008HC Himachal Pradesh31 Dec 2024
Bench: HON'BLE MR. JUSTICE TARLOK SINGH CHAUHAN,HON'BLE MR. JUSTICE SATYEN VAIDYA
Section 260Section 37Section 37(1)
10.
The AO vide assessment order dated 29.3.2005
had held the deduction of Rs. 45,00,000/- claimed by the
assessee as inadmissible on following grounds: -
a)
The financial year 2001-02 relevant to the
assessment year 2002-03 had already been over
-6-
on 31.3.2002 and the accounts of the assessee
for the said financial year also stood closed
