GMR INFRASTRUCTURE LIMITED vs. THE DY. COMMISSIONER OF INCOME-TAX
In the result, we do not find any merit in the appeal
ITA/1036/2017HC Karnataka06 Jul 2021
Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR
Section 115JSection 132Section 139(1)Section 142(1)Section 143(1)Section 14ASection 153ASection 154Section 260Section 260A
Disallowance of claim made
under
Section 37(1) of Rs.1,08,333/- being expenditure
on account of club membership fees.
3. The Assessing Officer determined the total income at
Rs.Nil
as
against
the
amount
of
returned
loss
of
Rs.5,87,56,498/- under normal provisions of the Act. The
5
Assessing Officer, in the order of assessment made the
interest
