M/S EXPRESS CONFECTIONERS PVT LTD ,RANCHI vs. DCIT CIRCLE-1 , RANCHI

In the result, appeal of the assessee is dismissed

Bench: Shri Chandra Mohan Gargआयकर अऩीऱ सं./Ita No.73/Ran/2018 (नििाारण वषा / Assessment Year :2013-2014) M/S Express Confectioners Pvt. Vs. Dcit, Circle-1, Ranchi Ltd., C/O Sri Vinay Kumar Jalan, M/S O.P.Jalan & Associates Consultants Llp, 48 Cart Sarai Road, Upper Bazaar, Ranchi, Jharkhand, Pin-834001 स्थायी ऱेखा सं./ जीआइआर सं./ Pan/Gir No. : Aaace 4056 B (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. यनधागररती की ओर से /Assessee By : Shri Vinay Jalan & Rajiv Ranjan, Adv राजस्व की ओर से /Revenue By : Shri P.K.Mondal, Acit(Dr) सुनवाई की तारीख / Date Of Hearing : 20/05/2019 घोषणा की तारीख/Date Of Pronouncement 21/05/2019 आदेश / O R D E R This Appeal Has Been Filed By The Assessee Against The Order Of Commissioner Of Income Tax (Appeals), Ranchi, Jharkhand, Dated 09.02.2018 Passed In First Appeal No.Cit(A), Ranchi/10066/2016-17 For The Assessment Year 2013-2014. 2. The Assessee Has Raised The Following Grounds Of Appeal :- 1. For That, The Ld. Cit(A) Under The Facts & Circumstances Of The Case Erred In Confirming The Disallowance Made By The Ld. Assessing Officer Amounting To Rs. 27,422/- Under The Head 'Club Subscription Expenses', Without Appreciating The Fact That The Said Expense Was Incurred In 'Order To Entertain The Guests At A Comparatively Cheaper Rate. 2. For That, The Ld. Cit(A) Under The Facts & Circumstances Of The Case Erred In Confirming The Disallowance Made By The Ld. Assessing Officer Amounting To Rs.2,30,355/- On Account Of 'Loss On Sale Of Fixed Assets'.