AGRICULTURAL MARKET COMMITTEE,NIRMAL vs. INCOME TAX OFFICER, WARD-1, NIRMAL
In the result the assessee appeal in ITA No
ITA 396/HYD/2019[2004-05]Status: DisposedITAT Hyderabad29 May 2019AY 2004-05
Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2005-06 Agricultural Market Vs. Income Tax Officer, Committee, Bodhan. Ward-2, Pan: Aaala 0787 C Hyderabad. (Appellant) (Respondent)
For Appellant: Sri S. Rama RaoFor Respondent: Shri Nilanjan Dey, DR
Section 10(20)Section 11Section 12ASection 143(3)Section 148Section 234BSection 36(1)(xii)
36(1)(xii) of the IT. Act.
6. The learned Commissioner of Income-Tax (Appeals) ought to have seen that the appellant incurred an expenditure of Rs.78,99,000/- under the special scheme Rythu Bandu Pathakam which should have been allowed by the Assessing officer.
7. The learned Commissioner of Income-Tax (Appeals) erred in confirming levy of interest
