GEETA SHARMA,SHAHJAHANPUR vs. ITO-1(4), SHAHJAHANPUR

In the result, the appeal of the assessee stands allowed for statistical purposes

Bench: Shri. Sudhanshu Srivastavaassessment Year: 2018-19 Geeta Sharma V. Income Tax Officer 1(4) C/O M/S Neeraj Foods Trading Shahjahanpur Company Moh. Matani Shahjahanpur Tan/Pan:Beeps6201L (Appellant) (Respondent) Appellant By: Shri Jitendra Kumar Yadav, Advocate Respondent By: Shri Sanjeev Krishna Sharma, D.R. Date Of Hearing: 07 08 2024 Date Of Pronouncement: 30 08 2024 O R D E R This Appeal Has Been Preferred By The Assessee Against The Order Dated 18.4.2024, Passed By The Ld. Commissioner Of Income Tax (Appeal), National Faceless Appeal Centre (Nfac), Delhi For Assessment Year 2018-19. 2. The Brief Facts Of The Case Are That The Assessee E-Filed Her Return Of Income In Itr-3 On 31.10.2018, Declaring Total Income Of Rs.5,69,770/- After Claiming Deduction Under Section 80C & 80Tta Of The Income Tax Act, 1961 (Hereinafter Called ‘The Act’) At Rs.1,53,970/- Out Of Gross Total Income Shown At Rs.7,23,739/- Consisting Of Profits & Gains From Business At Rs.7,19,769/- & Income From Other Sources At Rs.3,970/-. Subsequently, The Case Was Selected For Scrutiny & The Total Income Of The Assessee Was Assessed At Rs.17,97,270/- By Making Disallowance Of Rs.2,37,412/- On Account Of Interest Paid

section 80C & 80TTA of the Income Tax Act, 1961 (hereinafter called ‘the Act’) at Rs.1,53,970/- out of gross total income shown at Rs.7,23,739/- consisting of profits and gains from business at Rs.7,19,769/- and income from other sources at Rs.3,970/-. Subsequently, the case was selected for scrutiny and the total income of the assessee