MARKOLINES INFRA PRIVATE LIMITED,MUMBAI vs. ACIT/DCIT CIRCLE 15(1)(1) , MUMBAI

In the result, the appeal by the assessee for the assessment year 2020-

Bench: Shri Sandeep Singh Karhailshri Gagan Goyaland

condoned. 7. The primary contention of the assessee is that the impugned disallowance u/s 36(1)(va) of the Act was made vide intimation issued u/s 143(1) of the Act without giving prior intimation to the assessee about the aforesaid adjustment and therefore the opportunity of raising objection against the proposed adjustment was not granted to the assessee. Accordingly

MARKOLINES INFRA PVT LTD.,BELAPUR vs. ACIT/DCIT CIRCLE-15(1)(1), MUMBAI

Bench: Shri Sandeep Singh Karhailshri Gagan Goyaland

condoned. 7. The primary contention of the assessee is that the impugned disallowance u/s 36(1)(va) of the Act was made vide intimation issued u/s 143(1) of the Act without giving prior intimation to the assessee about the aforesaid adjustment and therefore the opportunity of raising objection against the proposed adjustment was not granted to the assessee. Accordingly