INCOME TAX OFFICER, WARD-1-1, KOTA vs. SHRI CHANDI RAM, KOTA
In the result, appeal of the revenue is dismissed
ITA 662/JPR/2018[2012-13]Status: DisposedITAT Jaipur14 Jun 2023AY 2012-13
Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)
For Appellant: Sh. Siddharth Ranka (Adv.) &For Respondent: Smt Runi Pal (Addl. CIT)
Section 143(3)
44A of the Act against business receipts i.e. arbitration receipts including Interest received on such arbitration receipts during the course of assessment proceedings. The assessee stated that those bills & vouchers were not traceable due to being for old years. He further stated that there is no relevance for the same as admittedly books were rejected and net profit rate
