Search: disallowance

1 result for “disallowance”+ Section 40A(2)clear

Sorted by relevance

Key Topics

Section 2503 Section 143(3)2 Section 250(6)2

MAHADEV MALLAPPA ATAR,BELAGAVI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 1, BELAGAVI

ITA 14/PAN/2024[2013-14]Status: DisposedITAT Panaji03 Jan 2025AY 2013-14

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 014/Pan/2024 Assessment Year : 2013-14 Mahadev Mallappa Atar Pwd Contractor, Katkol, Ramdurg, Dist. Balgavi-591114 Pan:Abxpa7467P . . . . . . . Appellant

For Appellant: None for the assesseeFor Respondent: Ms Nazeera Mohammad [‘Ld. DR’]

Section 143(1)Section 143(3)Section 250Section 250(6)Section 251Section 251(1)(a)Section 253(1)Section 68

40A(3) disallowance of cash payment of ₹32,000/- made to M/s Nirani Cements and (4) unexplained cash deposits of ₹20,00,000/- added u/s 68 of the Act. Aggrieved by the aforestated additions the assessee filed first appeal before Ld. NFAC which came to be dismissed. ITAT-Panaji Page 2 of 4 Mahadev Mallappa Atar Vs ITO ITA Nos.14/PAN/2024