M/S SANJAY SHANKARRAO JADHAO,AMRAVATI vs. JIOINT C.I.T. AMRAVATI RANGE,, AMRAVATI

In the result, assessee’s appeal stands allowed

Bench: Shri Shamim Yahya & Shri Ram Lal Negi

section 234A, 234B and 234C of l.T Act 1961 is unjustified, unwarranted and excessive. 2. Apropos ground relating to disallowance of claim of ` 2,88,986 on plant and machinery. 3. The assessee, in this case, is a proprietor of several businesses. The Assessing Officer, during the course of assessment proceedings, noted that in case of one of its business