M/S BINDRA WAREHOUSING CORPORATION vs. INCOME TAX OFFICER WARD 1(1),
In the result, the assessee’s appeal is allowed
ITA 153/JAB/2016[2008-09]Status: DisposedITAT Jabalpur30 Sept 2021AY 2008-09
Bench: Sh. Sanjay Arora, Hon'Bleassessment Year : 2008-09 Bindra Warehousing Income Tax Officer, Vs. Ward-1(1), Corporation, Itarsi
Section 143(3)Section 147Section 148Section 44ASection 80Section 80I
271B. The first limb of the reason recorded, is, thus, clearly not valid.
4.3
The second limb of the reason recorded, to be read on its terms, concerns the requirement for eligibility for deduction u/s. 80-IB. The assessee’s contention that the reason recorded only speaks of the requirement of audit (u/s.
80IB), which had in fact been undertaken
