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1 result for “reassessment u/s 147”+ Section 32(1)clear

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Key Topics

Section 80I6Section 1473Section 44A3

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

32) ‘The assessee is running a warehouse and has filed return of income for AY 2008-09 on 27-9-2008 through E-filing. The assessee has claimed deduction u/s. 80IB (11A) and the whole warehouse income of Rs. 8,43,219/- is claimed exempt under this section. The assessee should have got his accounts audited by statutory auditor before