M/S. BHAGIRATH COACH & METAL FABRICATORS PVT. LTD.,INDORE vs. THE DCIT 1(1), INDORE
In the result appeal of the assessee is allowed
ITA 351/IND/2017[2013-14]Status: DisposedITAT Indore17 Dec 2018AY 2013-14
Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradassessment Year 2013-14 M/S. Bhagirath Coach & Dcit 1(1), Metal Fabricators Pvt. Ltd, Vs. Indore C/O M. Mehta & Co, 11/5, South Tukoganj, Indore (Appellant) (Respondent ) Pan No.Aaacb7112P Revenue By Shri R.P. Mourya, Sr.Dr Assessee By S/Shri S.N. Agrawal & Pankaj Mogra,Cas Date Of Hearing 17.12.2018 Date Of Pronouncement 19.12.2018 O R D E R
Section 143(2)Section 143(3)Section 37(1)
gains of a business u/s 28 of
the Income Tax Act.”
16. We therefore respectfully following the ratio laid down in the
in its capacity as a person carrying on business and the contract
for taking an agency of vehicle manufactured by Maruti Suzuki
India Ltd was a business contract entered into with a view to earn
profit