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1 result for “section 68”+ Section 234Bclear

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Key Topics

Section 143(3)4Section 2632Section 36(1)(iii)2Section 37(1)2

ZUARI MANAGEMENT SERVICES LTD.,GOA vs. DEPUTY COMMISIONER OF INCOME-TAX, CIRCLE - 1, MARGAO

ITA 85/PAN/2020[2009-10]Status: DisposedITAT Panaji06 Feb 2026AY 2009-10

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliassessment Years: 2009-10 M/S Zuari Management Services Ltd. (Erstwhile Zuari Infrastructure & Developers Ltd., Formerly Zuari Sez Ltd.) Jai Kisaan Nagar, Zuari Nagar, Goa. Pan: Aaacz2903Q . . . . . . . Appellant V/S Dy. Commissioner Of Income Tax, Circle-1, Margao, Goa. . . . . . . . Respondent Represented Assessee By: Mr Salil Kapoor [‘Ld. Ar’] Revenue By: Mr Senthil Kumar N [‘Ld. Dr’] Date Of Conclusive Hearing : 29/01/2026 Date Of Pronouncement : 06/02/2026 Order Per G. D. Padmahshali; This Assessee’S Appeal Filed U/S 253(1) Of The Income-

For Appellant: Mr Salil Kapoor [‘Ld. AR’]For Respondent: Mr Senthil Kumar N [‘Ld. DR’]
Section 143(1)Section 143(3)Section 246ASection 250Section 253(1)Section 263Section 35DSection 36(1)(iii)
Section 37(1)

68,2791-(ROC charges amounting to Rs. 3,546/- ITAT-Panaji Page 5 of 34 M/s Zuari Management Services Ltd. Vs DCIT ITA No. 085/PAN/2020 AY: 2009-10 and legal expenditure amounting to Rs. 24,900/-), without appreciating that the said expenditure was in respect of its business and hence, the same is allowable