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125 results for “disallowance”+ Section 40Aclear

Sorted by relevance

Delhi1,532Mumbai1,503Chennai670Kolkata661Bangalore547Ahmedabad230Pune196Hyderabad174Jaipur148Raipur125Surat119Indore97Amritsar82Chandigarh75Nagpur57Cuttack54Visakhapatnam50Rajkot47Cochin43Lucknow41Karnataka31Agra28Jodhpur22Allahabad22Patna19Dehradun16Guwahati16SC12Varanasi9Calcutta8Ranchi5Telangana4Jabalpur3Kerala2Panaji2Punjab & Haryana2Rajasthan1J&K1A.K. SIKRI N.V. RAMANA1

Key Topics

Disallowance62Section 143(3)57Addition to Income40Section 40A(3)35Section 36(1)(va)26Deduction23Section 143(1)20Section 14A19Depreciation19Section 143(2)

SHUBH KARAN MAHNOT, AMBIKAPUR,AMBIKAPUR vs. INCOME TAX OFFICER, WARD-AMBIKAPUR, AMBIKAPUR

In the result, the appeal of the assessee is partly allowed/allowed for statistical purposes in terms of the aforesaid observations

ITA 155/RPR/2023[2018-19]Status: DisposedITAT Raipur29 Nov 2023AY 2018-19

Bench: Shri Ravish Soodआयकर अपील सं. / Ita No. 155/Rpr/2023 "नधा"रण वष" / Assessment Year : 2018-19 Shubh Karan Mahnot Prop. M/S. Bikaner Agencies, Tulshi Chowk, Near Primary School, Gangapur, Ambikapur (C.G.)-497 001 Pan : Aalhs2528G .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer, Ward- Ambikapur (C.G.) ……""यथ" / Respondent

For Appellant: Shri G.S. Agrawal, CAFor Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 143(1)Section 143(2)Section 143(3)Section 40A(3)

disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits

Showing 1–20 of 125 · Page 1 of 7

18
Section 6816
Section 14714

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(1), BILASPUR vs. MESERS NARMADA DRINKS PRIVATE LIMITED, BILASPUR

In the result ground No. 2 & 3 of the appeal of the revenue stands rejected

ITA 89/RPR/2020[2015-16]Status: DisposedITAT Raipur08 Nov 2023AY 2015-16

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am (Ita No. 89/Rpr/2020) (Assessment Year: 2015-16) Deputy Commissioner Of Income Tax, Vs M/S Narmada Drinks Private Limited Circle-1(1), Aayakar Bhawan, Sirgitti Industrial Area, Tifra, Bilaspur Mahima Complex, Bilaspur (C.G.) (C.G.) Pan: Aaacn5880C (अपीलाथ" /Applicant) (""यथ" / Respondent) .. िनधा"रती क" ओर से /Assessee By : Shri R.B. Doshi, Ca राज"व क" ओर से /Revenue By : Shri V.K. Singh, Cit-Dr सुनवाई क" तार"ख / Date Of Hearing : 21.09.2023 घोषणा क" तार"ख/Date Of Pronouncement : 08.11.2023

For Appellant: Shri R.B. Doshi, CAFor Respondent: Shri V.K. Singh, CIT-DR
Section 143(3)Section 14ASection 40Section 40ASection 40A(3)Section 92C

disallowances pertaining to section 14A and 40A(3) was not considered as justified by the department, thus, to challenge the same

SHRI TIRATH RAJ SHUKLA,BHILAI vs. INCOME TAX OFFICER, WARD-1(2), BHILAI

In the result, appeal of the assesee is partly allowed for statistical purposes in terms of our aforesaid observations

ITA 7/RPR/2020[2015-16]Status: DisposedITAT Raipur17 Oct 2022AY 2015-16

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 07/Rpr/2020 "नधा"रण वष" / Assessment Year : 2015-16 Shri Tirth Raj Sukla 1/3, Maitri Nagar, Risali, Bhilai (C.G.). Pan : Atqps4633J .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-1(2), Bhilai (C.G.). ……""यथ" / Respondent Assessee By :Shri S.R Rao, Advocate Revenue By :Shri G.N Singh, Sr. Dr

For Appellant: Shri S.R Rao, AdvocateFor Respondent: Shri G.N Singh, Sr. DR
Section 143(3)Section 40A(3)Section 69C

disallowed under sub-section (3) of Section 40A of the Act. In sum and substance, it was the claim of the assessee

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), RAIPUR, RAIPUR vs. MURLI KUMAR AGRAWAL (HUF), RAIPUR

In the result, appeal of the revenue is allowed for statistical purposes in terms of our aforesaid observations

ITA 161/RPR/2022[2013-14]Status: DisposedITAT Raipur11 Dec 2023AY 2013-14

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 161/Rpr/2022 "नधा"रण वष" / Assessment Year : 2013-14 The Assistant Commissioner Of Income Tax, Circle-1(1), Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. Murli Kumar Agrawal (Huf) Konark Industries Paragaon, Paragaon, Nayapara, Rajim-493 881 Pan : Aaehm7729L ……""यथ" / Respondent

For Appellant: Shri B. Subramanyam, CAFor Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 143(2)Section 143(3)Section 250Section 40A(3)

Section 40A(3) of the Act, as under: 5 ACIT, Circle-1(1), Raipur Vs. Murli Kumar Agrawal (HUF) Accordingly, the A.O disallowed

SAMPAT LAL DEWANGAN,DHAMTARI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CPC, BANGALORE

In the result, appeal of the assessee in ITA No

ITA 10/RPR/2022[2018-19]Status: DisposedITAT Raipur25 Nov 2022AY 2018-19

Bench: Shri Ravish Soodआयकर अपील सं./ Ita Nos. 10 & 11/Rpr/2022 "नधा"रण वष" / Assessment Years : 2018-19 & 2019-20 Sampat Lal Dewangan Narenderajewellers, Dhamtari (C.G.)-493 773 Pan :Aetpd8959C .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Cpc, Bangalore. ……""यथ" / Respondent

For Appellant: Shri Bikram Jain, CAFor Respondent: Shri Choudhury N.C Roy, SR. DR
Section 143(1)Section 40A(3)

disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits

SAMPAT LAL DEWANGAN,DHAMTARI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CPC, BANGALORE

In the result, appeal of the assessee in ITA No

ITA 11/RPR/2022[2019-20]Status: DisposedITAT Raipur25 Nov 2022AY 2019-20

Bench: Shri Ravish Soodआयकर अपील सं./ Ita Nos. 10 & 11/Rpr/2022 "नधा"रण वष" / Assessment Years : 2018-19 & 2019-20 Sampat Lal Dewangan Narenderajewellers, Dhamtari (C.G.)-493 773 Pan :Aetpd8959C .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Cpc, Bangalore. ……""यथ" / Respondent

For Appellant: Shri Bikram Jain, CAFor Respondent: Shri Choudhury N.C Roy, SR. DR
Section 143(1)Section 40A(3)

disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits

HARSHDEEP SINGH JUNEJA,RAIPUR vs. DY. COMMISSIONER OF INCOME TAX, CPC, BANGALORE

In the result, appeal of the assessee is allowed for statistical purposes in terms of our aforesaid observations

ITA 106/RPR/2021[2018-19]Status: DisposedITAT Raipur29 May 2023AY 2018-19

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 106/Rpr/2021 "नधा"रण वष" / Assessment Year : 2018-19 Harshdeep Singh Juneja 21/537, Katora Talab Road, Raipur (C.G.)-492 001 Pan : Acupj6153B .......अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax, Circle-1(1), Raipur (C.G.) ……""यथ" / Respondent

For Appellant: S/Shri Praveen Khandelwal &For Respondent: Shri Piyush Tripathi, Sr. DR
Section 143(1)Section 40ASection 40A(3)

disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 4(1), RAIPUR vs. M/S SUPER IRON AND STEEL PVT LTD.,, RAIPUR

In the result, appeal of the revenue is partly allowed and Cross objection of the assessee is dismissed

ITA 261/RPR/2017[2010-11]Status: DisposedITAT Raipur31 Oct 2022AY 2010-11

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अपील सं./Ita No.261/Rpr/2017 ("नधा"रण वष" / Assessment Year :2010-2011) Acit-4(1), Raipur Vs M/S Super Iron & Steel Pvt. Ltd., Pritpal Farm House, Vip Road, Raipur(C.G.) Pan No. : Aaics 2579 R (अपीलाथ" /Appellant) .. (""यथ" / Respondent) & Cross Objection No.13/Rpr/2017 (Arising Out Of Ita No.261/Rpr/2017) ("नधा"रण वष" / Assessment Year :2010-2011) M/S Super Iron & Steel Pvt. Ltd., Vs Acit-4(1), Raipur Pritpal Farm House, Vip Road, Raipur(C.G.) Pan No. : Aaics 2579 R (अपीलाथ" /Appellant) (""यथ" / Respondent) ..

For Appellant: Shri Nikhilesh Begani, CAFor Respondent: Shri G.N.Singh, Sr. DR
Section 144Section 40Section 40A(2)(b)Section 68

disallowance is therefore deleted and assessee's ground is allowed. 7. With regard to evasion of tax by excessive or unreasonable payments the Ld AR has relied on following judgments:- i) CIT Vs. Indo Saudi Services (Travel) (P.) Ltd., [2018] 219 CTR 562 (Bombay), wherein it is held as under :- Section 40A

DEPUTY COMMISSIONER OF INCOME TAX -1(1), RAIPUR vs. BHARAT AGRO INDUSTRIES, RAIPUR

In the result, the appeal of the Revenue is partly allowed as above

ITA 511/RPR/2025[2015-16]Status: DisposedITAT Raipur10 Feb 2026AY 2015-16

Bench: Shri Partha Sarathi Chaudhury, Jm & Shri Avdhesh Kumar Mishra, Am

For Appellant: Shri Jalaj Prakash, AdvocateFor Respondent: Dr. Priyanka Patel, Sr. DR
Section 133(6)Section 250Section 40A(3)

disallowance under section 40A(3) of the Act 1 DCIT, Circle-1(1), Raipur vs. Bharat Agro Industries, Raipur for the purchase

NISHANT JAIN,BILASPUR vs. ACIT CENTRAL CIRCLE, BILASPUR

In the result, appeal filed by the assessee in ITA No

ITA 512/RPR/2024[2018-19]Status: DisposedITAT Raipur20 Jan 2025AY 2018-19

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 510, 511 & 512/Rpr/2024 "नधा"रण वष" / Assessment Years : 2014-15, 2017-18 & 2018-19 Nishant Jain Ring Road No.2, Shanti Nagar, Near Sidhasikhar Vistar, Bilaspur (C.G.)-495 001 Pan: Agepj9793M .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Circle-1(1), Bilaspur (C.G.) ……""यथ" / Respondent

For Appellant: S/shri Sunil Kumar Agrawal &For Respondent: Smt. Anubhaa Tah Goel, Sr. DR
Section 143(3)Section 263

Section 40A(3) of the Act, therefore, the A.O made an addition of the same to the returned income of the assessee. 21. Also, the A.O disallowed

NISHANT JAIN,BILASPUR vs. ACIT CIRCLE 1(1), BILASPUR

In the result, appeal filed by the assessee in ITA No

ITA 511/RPR/2024[2017-18]Status: DisposedITAT Raipur20 Jan 2025AY 2017-18

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 510, 511 & 512/Rpr/2024 "नधा"रण वष" / Assessment Years : 2014-15, 2017-18 & 2018-19 Nishant Jain Ring Road No.2, Shanti Nagar, Near Sidhasikhar Vistar, Bilaspur (C.G.)-495 001 Pan: Agepj9793M .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Circle-1(1), Bilaspur (C.G.) ……""यथ" / Respondent

For Appellant: S/shri Sunil Kumar Agrawal &For Respondent: Smt. Anubhaa Tah Goel, Sr. DR
Section 143(3)Section 263

Section 40A(3) of the Act, therefore, the A.O made an addition of the same to the returned income of the assessee. 21. Also, the A.O disallowed

NISHANT JAIN,BILASPUR vs. ACIT CIRCLE 1(1), BILASPUR

In the result, appeal filed by the assessee in ITA No

ITA 510/RPR/2024[2014-15]Status: DisposedITAT Raipur20 Jan 2025AY 2014-15

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 510, 511 & 512/Rpr/2024 "नधा"रण वष" / Assessment Years : 2014-15, 2017-18 & 2018-19 Nishant Jain Ring Road No.2, Shanti Nagar, Near Sidhasikhar Vistar, Bilaspur (C.G.)-495 001 Pan: Agepj9793M .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Circle-1(1), Bilaspur (C.G.) ……""यथ" / Respondent

For Appellant: S/shri Sunil Kumar Agrawal &For Respondent: Smt. Anubhaa Tah Goel, Sr. DR
Section 143(3)Section 263

Section 40A(3) of the Act, therefore, the A.O made an addition of the same to the returned income of the assessee. 21. Also, the A.O disallowed

SHRI PRITAM SINGH GABEL,JANJGIR-CHAMPA vs. INCOME TAX OFFICER, WARD-JANJGIR CHAMPA, JANJGIR CHAMPA

In the result, appeal of the assessee is partly allowed in terms of the aforesaid observations

ITA 154/RPR/2022[2011-12]Status: DisposedITAT Raipur29 Dec 2022AY 2011-12

Bench: Shri Ravish Soodआयकर अपील सं./Ita No.154/Rpr/2022 "नधा"रण वष" /Assessment Year : 2011-12 Shri Preetam Singh Gabel, M/S. Preetam Tractors, Baradwar Road, P.O. Sakti, Janjgir-Champa (C.G.) Pan : Agipg1118M .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer, Ward- Janjgir-Champa (C.G.). ……""यथ" / Respondent

For Appellant: Shri G.S. Agrawal, CAFor Respondent: Shri G.N Singh, Sr. DR
Section 143(3)Section 147Section 148Section 40A(2)(b)

disallowed the claim for deduction of commission paid to them by alleging without any basis that the same were excessive and unreasonable. It was averred by the Ld. AR that Section 40A

M/S SMS SHIVNATH INFRASTRUCTURE PVT LTD,DURG(CG) vs. THE PR. COMMISSIONER OF INCOME TAX-2, RAIPUR (CG)

In the result, appeal of the revenue in ITA No

ITA 107/BIL/2016[2011-12]Status: DisposedITAT Raipur27 Mar 2023AY 2011-12

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अऩीऱ सं./Ita No.87/Rpr/2017 (ननधाारण वषा / Assessment Year :2012-2013) Acit-2(1), Bhilai Vs M/S Sms Shivnath Infrastructure Pvt Ltd.,Toll Plaza, Near Dhamdhanaka, Durg. Pan No. :Aadcs 2258 Q (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. & आयकर अऩीऱ सं./Ita No.107/Rpr/2016 (ननधाारण वषा / Assessment Year :2012-2013) M/S Sms Shivnath Infrastructure Vs Pr.Cit-2, Raipur Pvt Ltd.,Toll Plaza, Near Dhamdhanaka, Durg. Pan No. :Aadcs 2258 Q (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

For Appellant: Shri Kapil Hirani, Adv. & MukeshFor Respondent: Shri Debashis Lahiri, CIT-DR
Section 115JSection 143(3)Section 250(4)Section 36Section 80ISection 80l

disallowance made under section 32, 40(a)(ia), 40A(3), 43B etc. of the Act and other specific disallowances, related

THE ASSISTANT COMMISSIONER OF INCOME-TAX-2(1)BHILAI, BHILAI(CG) vs. M/S SMS SHIVNATH INFRASSTRUCTURE PVT LTD., DURG, DURG(CG)

In the result, appeal of the revenue in ITA No

ITA 87/BIL/2017[2012-13]Status: DisposedITAT Raipur27 Mar 2023AY 2012-13

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अऩीऱ सं./Ita No.87/Rpr/2017 (ननधाारण वषा / Assessment Year :2012-2013) Acit-2(1), Bhilai Vs M/S Sms Shivnath Infrastructure Pvt Ltd.,Toll Plaza, Near Dhamdhanaka, Durg. Pan No. :Aadcs 2258 Q (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. & आयकर अऩीऱ सं./Ita No.107/Rpr/2016 (ननधाारण वषा / Assessment Year :2012-2013) M/S Sms Shivnath Infrastructure Vs Pr.Cit-2, Raipur Pvt Ltd.,Toll Plaza, Near Dhamdhanaka, Durg. Pan No. :Aadcs 2258 Q (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

For Appellant: Shri Kapil Hirani, Adv. & MukeshFor Respondent: Shri Debashis Lahiri, CIT-DR
Section 115JSection 143(3)Section 250(4)Section 36Section 80ISection 80l

disallowance made under section 32, 40(a)(ia), 40A(3), 43B etc. of the Act and other specific disallowances, related

SAIRAM WHEELS PRIVATE LIMITED,BHILAI vs. INCOME TAX OFFICER, WARD-1(1) , BHILAI

In the result, appeal of the assessee is partly allowed in terms of the aforesaid observations

ITA 127/RPR/2019[2015-16]Status: DisposedITAT Raipur27 Dec 2022AY 2015-16

Bench: Shri Ravish Soodआयकर अपील सं./ Ita No. 127/Rpr/2019 "नधा"रण वष" / Assessment Year : 2015-16 Sairam Wheels Pvt. Ltd. Krishna Nagar, Near Supela Police Station G.E. Road, Bhilai, Dist. Durg-490023 Pan : Aaocs8188G .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-1(1), Durg (C.G.). ……""यथ" / Respondent

For Appellant: Shri R.B Doshi, CAFor Respondent: Shri Ananjay Kumar Tiwary, Sr. DR
Section 120Section 124Section 143(2)Section 143(3)Section 40A(2)(b)

disallowance of Rs. 13,20,000/-out of Directors Remuneration made by the Assessing Officer by invoking provisions of section 40A

RAJESH AGRAWAL,RAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, RAIPUR-1(1), RAIPUR

In the result, the appeal of the assessee is allowed in terms of our aforesaid observations

ITA 249/RPR/2022[2010-11]Status: DisposedITAT Raipur19 Oct 2023AY 2010-11

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No.249/Rpr/2022 "नधा"रण वष" / Assessment Year : 2010-11 Rajesh Agrawal C/O. M/S. Chhattisgarh Steel Traders, 15/343, Main Road, Jawahar Nagar, Raipur (C.G.)-492 001. Pan : Acppa2905F .......अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax, Raipur-1(1), Raipur (C.G.) ……""यथ" / Respondent

For Appellant: Shri Ravi Agrawal, CAFor Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 143(2)Section 143(3)Section 36(1)(iii)

disallowance is, therefore, restored(emphasis added). 19. Reliance placed by the learned Commissioner of Income-tax (Appeals) on section 40A

DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL-1), RAIPUR, RAIPUR vs. M/S SUNIL SPONGE PVT. LTD., RAIPUR

In the result, the appeal of the revenue is dismissed in terms of our aforesaid observations

ITA 73/RPR/2022[2007-08]Status: DisposedITAT Raipur12 Oct 2023AY 2007-08

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No.73/Rpr/2022 "नधा"रण वष" / Assessment Year : 2007-08 The Deputy Commissioner Of Income Tax, (Central Circle)-1, Raipur (C.G.) .......अपीलाथ" / Appellant बनाम / V/S. M/S. Sunil Sponge Pvt. Ltd. H. No.11, Jalvihar Colony, Raipur (C.G.)-492 001 (C.G.) Pan : Aahcs7999A ……""यथ" / Respondent

For Appellant: S/shri, Sakshi Gopal Agrawal &For Respondent: Shri Choudhary N.C. Roy, Sr. DR
Section 143(3)Section 147Section 148Section 40A(2)(b)

section 40A(2) of the IT Act and disallowed the excess commission paid to the assessee's sister concern @ 1/2 per cent

MOHAN LAL KIRI,KANKER vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), RAIPUR

In the result, appeal of the assessee is allowed in terms of our aforesaid observations

ITA 81/RPR/2021[2014-15]Status: DisposedITAT Raipur13 Jan 2023AY 2014-15

Bench: Shri Ravish Sood & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No. 81/Rpr/2021 "नधा"रण वष" / Assessment Year : 2014-15 Mohan Lal Kiri Huf Main Road, Charama, Kanker (C.G.) Pan : Aaghm3140K .......अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax, Circle-1(1), Raipur (C.G.) ……""यथ" / Respondent

For Appellant: Shri S.K. Agrawal, CAFor Respondent: Shri G.N Singh, Sr. DR
Section 143(3)Section 40A(2)(b)

disallowance therein contemplated. Undeniably, the aforesaid 15 persons referred to by the A.O fall within the meaning of related parties as contemplated in clause (b) of sub-section (2) to Section 40A

ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL CIRCLE)-1, RAIPUR vs. M/S. CHHATTISGARH STEEL & POWER LIMITED, RAIPUR

In the result, appeal of the revenue is partly allowed in terms of our aforesaid observations

ITA 96/RPR/2021[2011-12]Status: DisposedITAT Raipur01 Aug 2023AY 2011-12

Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं./ Ita No. 96/Rpr/2021 "नधा"रण वष" / Assessment Year : 2011-12

For Appellant: Ms. Puja Bajaj, CAFor Respondent: Shri Piyush Tripathi, Sr. DR
Section 143(2)Section 143(3)Section 14A

disallowances. In terms of this scheme, Section 40 (which too starts with a non- obstante clause overriding Sections 30-38), deals with what cannot be deducted in computing income under the head “Profits and Gains of Business and Profession”. Likewise, Section 40A