ACIT, AKOLA CIRCLE,, AKOLA vs. SHRI DNYANDEO NINU PATIL,, AKOLA
In the result, the appeal filed by the assessee as well as cross appeal filed by the Revenue are dismissed
ITA 529/NAG/2014[2010-11]Status: DisposedITAT Nagpur29 Mar 2019AY 2010-11
For Appellant: Shri S. C. Thakar, Adv. &For Respondent: Shri U. U. Kasar, CIT
Section 143(3)Section 14ASection 36(1)(iii)
747/–. In the assessment proceedings u/s 143(3) r.w.s. 263
of the Act, the Assessing Officer made an addition of Rs.1,20,80,845/–
on account of interest on IDBI FDR loan. The Assessing Officer completed the assessment determining the total income of the assessee at Rs.1,36,30,590/–. The CIT(A) partly allowed the appeal of the assessee
