ACIT, PAOTA C ROAD vs. VARAHA INFRA LIMITED, PAOTA B ROAD
In the result, the appeal of the revenue is dismissed
ITA 160/JODH/2024[2017-18]Status: DisposedITAT Jodhpur01 Jan 2025AY 2017-18
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
Section 142(1)Section 143(2)Section 143(3)Section 40
145(3) and NP rate of 7.23% was applied as
against negative NP rate of 6.97% shown by the assessee-company.
On appeal by the assessee, vide appellate order dated 22.07.2018
the Ld. CIT (A-2), Udaipur in Appeal No. 10181/2018-19 upheld the
rejection of books and further directed to estimate profit before depreciation
@ 10.32% subject to depreciation, except depreciation
