COMMISSIONER OF INCOME TAX ROHTAK vs. M/S CRYSTAL PHOSPHATES LTD
ITA/140/2013HC Punjab & Haryana28 Mar 2023
Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA
Section 144Section 80
86,441/-. As
such interest of Rs.19,06,373/- worked out @12% on interest
free advances was disallowed.
(7)
The assessee had debited expenses on account of charity
and donation of Rs.66,203/- and gift expenses of Rs.42,530/-,
totaling to Rs.1,08,733/-, which were disallowed being not
admissible as per provisions of the IT Act.
(8)
An addition
