SHRI NAVNEET MODI,RANCHI vs. DCIT,CIRCLE-2, RANCHI
In the result, the appeal of the assessee stands allowed
ITA 53/RAN/2019[2013-14]Status: DisposedITAT Ranchi28 Apr 2023AY 2013-14
Bench: Shri Sanjay Garg & Shri Rajesh Kumari.T.A. No.53/Ran/2019 Assessment Year: 2013-14 Shri Navneet Modi….…..…………..…...…......................……...…..….. Appellant Modi House, Kanke Dam Side Road, Kanke, Ranchi-834008. [Pan: Actpm1511F] Vs. Dcit, Circle-2, Ranchi.………………………….……….…………….. Respondent Appearances By: Shri Devesh Poddar, Adv., Appeared On Behalf Of The Appellant. Shri Pranob Kumar Koley, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : February 28, 2023 Date Of Pronouncing The Order : April 28, 2023 Order Per Sanjay Garg: The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 03.10.2018 Of The Commissioner Of Income Tax (Appeals), Ranchi [Hereinafter Referred To As ‘Cit(A)’] Passed U/S 250 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’).
Section 250Section 271(1)(c)Section 274Section 40A(3)
40A(3) of the Act. The Assessing
Officer also disallowed certain expenditure on ad hoc basis out of the total expenses on account of transport and freight. The Assessing
Officer further made ad hoc disallowances out of certain expenditure on diesel and petrol, fuel and gas etc. totalling to Rs.1,36,234/- and assessed the total income by the assessee
