BAN LABS PRIVATE LIMITED,RAJKOT vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX-1, RAJKOT, RAJKOT
In the result, appeal filed by the assessee is allowed
ITA 202/RJT/2024[2018-19]Status: DisposedITAT Rajkot19 Aug 2025AY 2018-19
Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No.202/Rjt/2024 ("नधा"रण वष" / Assessment Year: 2018-19) Ban Labs Pvt. Ltd., Vs. Principal Commissioner Of Ban House, Dr. Vikram Sarabhai Income Tax-1, Nagar, Gondal Road (South), Rajkot Rajkot-360004 (Gujarat) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaacb8999C (Appellant) (Respondent)
For Appellant: Shri D.M. Rindani, ARFor Respondent: Shri Sanjay Punglia, CIT DR
Section 143(1)Section 143(3)Section 144BSection 14ASection 263
section 14A of the Act provides for disallowance of the expenditure even where taxpayer in a particular year has not earned any exempt income.”
13. In response to the show-cause notice of the Assessing Officer, the assessee submitted detailed reply before the Assessing Officer, which is placed at Paper Bok Page No. 35, the relevant reply of the assessee
