DEPUTY COMMISSIONER OF INCOME TAX, NASHIK vs. CHAKRADHAR CONTRACTORS AND ENGINEERS PRIVATE LIMITED, JALGAON
In the result, both the appeals of the Revenue are
ITA 1939/PUN/2024[2020-21]Status: DisposedITAT Pune26 Dec 2024AY 2020-21
Bench: Shri Rama Kanta Panda & Shri Vinay Bhamore
For Appellant: Shri Sanket M JoshiFor Respondent: Shri Amol Khairnar, CIT-DR
Section 131Section 143Section 143(1)(a)Section 143(2)Section 270ASection 270A(3)(i)Section 270A(6)(a)Section 270A(9)
capital expenditure of Rs.1,42,54,268/-. In our
considered view there is no intentional misrepresentation
of expenditure as alleged. By no stretch of imagination it
can be said to be a case of attempted tax evasion as even
after revision of computation, the taxable income remained
Nil which is same as returned income of the assessee. In
the assessment