In the result, the appeal of the revenue is dismissed
Bench: Dr. S. Seethalakshmi & Shri Rathod Kamlesh Jayantbhaithe Acit Vs M/S. Vardha Infra Ltd. Room No. 215, Aayakar Bhawan 6 Jalam Vilas Scheme Paota C Road, Jodhpur Paota B Road, Jodhpur (Appellant) (Respondent) Pan No. Aaccv 7972 K
TDS deducted at source and old pending refunds of earlier year. Later, vide reply filed on 11.12.2019, the assessee submitted the "Claim" shown in the audited financials are related to claim filed against the parties for loss incurred also. Vide notice u/s 142(1) dated 18.12.2109, the assessee was again requested to explain the claim