M/S USHA MARTIN LTD,KOLKATA vs. ACIT CIR-3, RANCHI
In the result, appeal of the assessee stands partly allowed for statistical purposes
ITA 68/RAN/2017[2007-08]Status: DisposedITAT Ranchi12 Jun 2025AY 2007-08
Bench: BEFORES/SHRI GEORGE MATHAN, JUDICIAL MEMBER AND RATNESH NANDAN SAHAY (Accountant Member)
For Appellant: S/Shri Aditya Hans/Vishal Jain and Ashis JainFor Respondent: Smt. Rinku Singh, CIT DR
Section 234Section 244A
38,453/- being
5% of Rs.2,27,69,056/-.
P a g e 2 | 13
Assessment Year : 2007-08
6. In reply, ld CIT DR vehemently supported the order of the AO and ld
CIT(A).
7. We have considered the rival submissions.
As it is noticed that the assessee itself has made suo moto disallowance of Rs.2
