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1 result for “disallowance”+ Section 194Qclear

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Key Topics

Section 194Q4Section 1392

ACIT,CIRCLE-1,SOLAPUR, SOLAPUR vs. YUVRAJ PATIL AND COMPANY, TALSANGI

In the result, the appeal filed by the Revenue is allowed for statistical purposes

ITA 2803/PUN/2025[2023-24]Status: DisposedITAT Pune11 Mar 2026AY 2023-24

Bench: Shri R. K. Panda & Shri Vinay Bhamoreassessment Year : 2023-24 Acit, Circle – 1, Yuvraj Patil & Company Solapur Vs. Talsangi, Mangalwedha, Solapur – 413305 Pan: Aaafy4589Q (Appellant) (Respondent) Assessee By : Shri Sharad A Shah Department By : Shri Rajesh Gawali, Addl Cit Dr Date Of Hearing : 10-03-2026 Date Of Pronouncement : 11-03-2026

For Appellant: Shri Sharad A ShahFor Respondent: Shri Rajesh Gawali, Addl CIT DR
Section 139Section 142(1)Section 143(2)Section 143(3)Section 194Q

section 194Q, the Assessing Officer made addition of Rs.4,35,09,020/- by disallowing 30% of such purchases. We find