SHREE RAM COLLOIDS PRIVATE LIMITED,JODHPUR vs. PRINCIPAL CIT(1), JODHPUR
In the result, the appeal of the assessee bearing ITA No
ITA 344/JODH/2024[2018-19]Status: DisposedITAT Jodhpur26 Jun 2025AY 2018-19
Bench: Dr. Mitha Lal Meena & Shri Anikesh Banerjeeshree Ram Colloids Private Vs Principal Commissioner Of Income Limited, Tax (1), Jodhpur C-79, Mia, Phase-Ii, Jodhpur- 342 005 Pan: Aakcs5803L Appellant Respondent
For Appellant: Shri Amit Kothari, CAFor Respondent: Shri Ajey Malik, CIT-DR
Section 142(1)Section 143(3)Section 263Section 32
6. The Ld.DR argued and fully stands with the order of the Ld.PCIT. The relevant paragraphs 5.3 to 5.5, on pages 26 to 27, are relied upon, which are extracted below:-
“5.3. On the issue of rent income from the property, the Assessee has contended that it has given on a short term lease its property being a fully equipped