HUSSIAN TRAVELS,SECUNDERABAD vs. INCOME TAX OFFICER, WARD-10(1), HYDERABAD
In the result, appeal of the assessee is partly allowed for statistical purposes
ITA 1266/HYD/2017[2007-08]Status: DisposedITAT Hyderabad09 Aug 2019AY 2007-08
Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2007-08 Hussian Travels, Vs. Income-Tax Officer, Secunderabad. Ward – 10(1), Hyderabad. Pan – Aabfh 1250L (Appellant) (Respondent)
For Appellant: Shri K.A. Sai PrasadFor Respondent: Shri M.H. Naik
Section 115WSection 143(3)Section 147
disallowable or not, should be ignored as to have been deemed to be allowed. The AO observed that the assessee filed audited P&L A/c, hence, applicable heads under P&L accounts which were liable for fringe benefit had to be taken into consideration for FBT. He, therefore, completed the assessment by bringing the unoffered fringe benefit income
