M/S.ANUJ KUMAR AGRAWAL,BATUL vs. INCOME TAX OFFICER , BATUL
In the result, the assessee’s appeal is partly allowed
ITA 126/JAB/2018[2010-11]Status: DisposedITAT Jabalpur10 Dec 2019AY 2010-11
Bench: Shri Bhavnesh Saini & Shri Sanjay Aroraassessment Year:2010-11 M/S. Anuj Kumar Agarwal, Vs. Income Tax Officer, College Road, Betulganj, Aaykarbhawan, Civil Lines, Betul (Mp) 460001 Betul (M.P.) Pan: Aaofa3419K (Appellant) (Respondent)
Section 143Section 143(3)Section 145(3)Section 263
1, Bhopal (‘CIT’ for short) vide order u/s.263 dated 31.3.2015 (copy on record). The AO, it was observed therein, had:
(a) not brought to tax other income of Rs.1,77,273/-, being Jeep rent
(Rs.59,299) and bank interest (Rs.1,17,974/-);
(b) allowed the assessee interest and remuneration to partners at Rs.3,79,557/-, as debited to the profit