HIRA POWER & STEELS LIMITED, RAIPUR,RAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX-1, RAIPUR, RAIPUR

In the result ground no 6 of the appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpiaआयकर अपील सं. / Ita No.233/Rpr/2025 "नधा"रण वष" / Assessment Year : 2012-13 Hira Power & Steels Limited 557, Urla Industrial Area, Urla Industrial Complex, Raipur (C.G.)-493 221 Pan: Aabcj0138Q ........अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax-1(1), Raipur (C.G.)

79,611/- debited to the Profit & Loss Account. 33. In appeal, the ld. CIT(A) relying on various decisions deleted the addition. While doing so, he observed that the genuineness of the claim of expenditure i.e. incurrence of expenditure and payment thereof has not been doubted. Further, the Finance Act, 2014 brought an amendment in section 37 and the legislature

JINDAL POWER LIMITEED,RAIGARH vs. DEPUTY COMMISSIONER OF INCOE TAX , CIRCLE 1(1), BILASPUR