PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S HYCRON ELECTRONICS THROUGH ITS PROPRIETOR
ITA/12/2021HC Himachal Pradesh20 Sept 2021
Bench: Hon’Ble Mr. Justice Tarlok Singh Chauhan & Hon’Ble Mr. Justice Satyen Vaidya.
Section 143(3)Section 14ASection 154
Section 14A of the Act. It was accordingly opined that interest to
the tune of Rs. 15,91,976/- was liable to be disallowed and such
omission has resulted in under assessment of Rs. 5,69,930/-
(Rs. 15,91,976 - Rs.10,22,046/-). An order u/s 154 of the Act was
accordingly passed by A.O on 18.08.2017 whereby addition
