CHIEF COMMISSIONER OF INCOME TAX OSD LUDHIANA vs. M/S CEIGALL INDIA LTD
ITA/61/2021HC Punjab & Haryana06 Aug 2022
Bench: Cit(A). The Same Was Partly Allowed. The Addition Made By Applying Net Profit Dinesh Kumar 2022.10.16 16:54 I Attest To The Accuracy & Integrity Of This Document
Section 143(3)Section 145Section 145(3)Section 260Section 29Section 40Section 69C
depreciation is to be allowed from the income
determined by applying the net profit rate of 6.5%.”
DINESH KUMAR
2022.10.16 16:54
I attest to the accuracy and
integrity of this document
ITA-61-2021 (O&M)
3
6.
While dealing with the issue of addition of unexplained
expenditure, ITAT held that the issue is no more res integra