ITO, WARD-1(5), NAGPUR vs. M/S. SHREE GANNAYAK BUILDERS AND DEVELOPERS, NAGPUR
In the result, the appeal filed by the Revenue is partly allowed for
ITA 164/NAG/2017[2013-14]Status: DisposedITAT Nagpur08 Mar 2018AY 2013-14
Bench: Sh. G.D.Agrawal, Hon’Ble & Sh. Mahavir Singhvs Shree Gannayak Builders & Developers, Ito, Ward–1(5), Room No.502, Plot No.2, Near Global India International School, 5Th Floor, Mecl Bldg., Kalmana Basti, Nagpur–440008. Seminary Hills, Pan–Abrfs9402L Nagpur–440006. (Appellant) (Respondent) Appellant By Sh. R.K.Baral, Sr.Dr Respondent By Sh. Manoj Moryani, Adv. Date Of Hearing 07.03.2018 Date Of Pronouncement 07.03.2018
Section 143(3)Section 30Section 40A(3)
43A and that the provisions of section 40A(3) were applicable in respect of purchase of goods also.
4. The decision of learned CIT(Appeals) is perverse in aw in as much as the direction to reduce the cost of work in progress by the amount of disallowance
