M/S. NOKHA AGRO SERVICES,,BIKANER vs. PR. CIT, , BIKANER
In the result, appeal of the assessee is allowed
ITA 171/JODH/2018[2013-14]Status: DisposedITAT Jodhpur20 Mar 2020AY 2013-14
Bench: Shri R.C.Sharma & Shri Sandeep Gosainm/S Nokha Agro Services, 18 Vs Pr. Commissioner Of Income Km Stone, Nh-15, Tax, Sriganganagar Road, Bikaner. Bikaner. (Appellant) (Respondent) Pan: Aaffn 8164 R
Section 143(3)Section 263Section 80I
TDS has been deducted on interest paid to unsecured loans.
ii) The A.O. has appraised the claim of interest paid on term loan, O.D. limit and unsecured loans after satisfying himself that these loans are for the purpose of warehousing activities of the assessee business.
iii) While framing the assessment order learned A.O. has reviewed the reason for investment
