3 results for “disallowance”+ Section 40A(7)clear
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Bench: Shri Sudhanshu Srivastava & Shri Anadee Nath Misshraassessment Year: 2008-09 Late Shri Tirath Raj Singh, Vs. Income Tax Officer-2, Through Legal Heir Shri Rewa (Mp) Gyanendra Singh, Videh Nikunj, Jawahar Park, Sidhi (Mp) Pan : Ajkps7948G (Appellant) (Respondent) Appellant By Shri H.S. Modh, Advocate Respondent By Shri Ravi Mehrotra, Sr. Dr Date Of Hearing 10/07/2023 Date Of Pronouncement 21/07/2023
Section 40A(3) of the Act. 7. We have heard the rival submissions and have also perused the material on record. At this juncture, it will be appropriate to reproduce the relevant portion from the assessment order which deals with the issue at hand. The same is being reproduced hereinunder: “From the verification of Cement Account it is noticed that