SHRI NITIN A SHIRGURKAR,BELGAVI vs. PR. CIT, HUBBALI
In the result, the appeal of the assessee is allowe
ITA 77/PAN/2020[2015-16]Status: DisposedITAT Panaji13 May 2022AY 2015-16
Bench: Dr. M. L. Meena & Shri Anikesh Banerjee
Section 143(3)Section 14ASection 194A(3)(iii)Section 194A(3)(iv)Section 263Section 40
263 on points outside the scope of limited scrutiny assessment u/s 143(3) of the Act.
2. Without prejudice, the Pr.CIT failed to appreciate that the AO in limited scrutiny assessment, after verifying the details has made lump sum disallowance of interest u/s 14A.
3. The Pr.CIT erred in holding that Advance to Hemal Rajpopat Rs.23
