M/S PINNACLE CAPITAL SOLUTIONS PRIVATE LIMITED,RANCHI vs. PCIT, RANCHI, CENTRAL REVENUE BUILDING, 5, MAIN ROAD, RANCHI-834004
In the result, this appeal of the assessee is allowed
ITA 130/RAN/2023[2018-19]Status: DisposedITAT Ranchi07 Jul 2025AY 2018-19
Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Pinnacle Capital Solutions (P) Ltd., P.C.I.T., Virdi Niwas, Jamshedpur, East Ranchi. Vs. Singhbhum, Jharkhand-831001. Pan No. Aaacp 9726 H Appellant/ Assessee Respondent/ Revenue
Section 143(3)Section 263Section 36Section 36(1)(vii)Section 36(1)(viia)Section 36(2)
viia)(d) of the Act and Chapter (VIA). Since 5% of Rs. 7,19,23,183/- comes to Rs. 35,96,159/-, it means the assessee had debited more than what was allowable under the said Section and therefore, the same should have been disallowed while passing the order under Section 143(3) of the Act. Since the Assessing Officer
