PR. COMMISSIONER OF INCOME TAX vs. M/S SHREE CEMENT LIMITED

Bench: AVNEESH JHINGAN,BHUWAN GOYAL

Section 148 on the basis that the appellant has wrongly debited the Education Cess in the profit and loss account. In other words, the appellant has claimed Education Cess as business expense. The addition of Rs. 6,30,40,519/- was made by Assessing Officer vide order dated 18.11.2016. The respondent failed in first appeal. The Tribunal quashed the initiation

MAMTA GUPTA vs. INCOME TAX OFFICER