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Section 2637 Section 143(3)5 Section 403 Section 253(1)2 Deduction2 Revision u/s 2632

M/S FEELINGS,MARGAO vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, PANAJI

The appeal is ALLOWED in above terms

ITA 149/PAN/2019[2014-15]Status: DisposedITAT Panaji01 Sept 2023AY 2014-15

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपील सं. / Ita No. 149/Pan/2019 धििाारण वर्ा / Assessment Year : 2014-15 M/S. Feelings, H. No. 2730, Murida, Fatorda Margao Goa- 403601 Pan:Aabff4135A . . . . . . . अपीलाथी / Appellant

For Appellant: Shri Rahul SardaFor Respondent: Shri N. Shrikanth

Section 143(3)Section 253(1)Section 263Section 30Section 40

160/- after claiming a deduction of ₹84,00,000/- u/s 40(b)(v) of the Act towards partners remuneration. 2.2 The assessee’s version of computation of book profit was comprised of income from operation of ₹3,00,000/- and balance of ₹4,66,45,829/- represented by interest income earned/accrued, which was accepted

M/S FEELINGS,MARGAO vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, PANAJI

M/S FEELINGS,MARGAO vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, PANAJI

M/S SOVA,PANAJI vs. PR. COMMISSIONER OF INCOME TAX, PANAJI