M/S.SHEETAL REAL vs. INCOME TAX OFFICER
In the result, the appeal fails and the substantial questions of law
ITA/83/2010HC Orissa08 Feb 2022
Bench: DR. JUSTICE S. MURALIDHAR (CJ),MR. JUSTICE R.K.PATTANAIK
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 260ASection 372A
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challenge in the appeal before this court, and reliance was placed on the
decision of the Division Bench in the case of Woolcombers of India
Limited Versus Commissioner of Income Tax 26. In the said case, the
payment of advance tax from an overdraft account was held to be not
business expense and the assessing officer disallowed
