M/S. ORGANICA,NASHIK vs. PRINCIPAL COMMISSIONER OF INCOME TAX, NASHIK -1, NASHIK
In the result, Assessee’s appeal
ITA 465/PUN/2021[2016-17]Status: DisposedITAT Pune14 Dec 2022AY 2016-17
Bench: Shri Satbeer Singh Godara & Shri G.D. Padmashali
For Appellant: Shri Pramod S. ShingteFor Respondent: Shri Pankaj Kumar
Section 143(2)Section 143(3)Section 194CSection 263Section 80I
11A) deduction.
4. We have given our thoughtful consideration to the vehement rival stands and find no merit in the Revenue’s stand supporting the PCIT’s impugned revision directions. This is for the precise reason that the Assessing Officer had taken-up a “limited”
scrutiny on the twin issues of sundry creditors and depreciation deduction, which in turn