M/S. MAHESHWARI LOGISTICS PRIVATE LIMITED,,VAPI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, , VALSAD
In the result, appeal of the assessee is allowed
ITA 377/SRT/2023[2018-19]Status: DisposedITAT Surat25 Sept 2023AY 2018-19
Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.377/Srt/2023 ("नधा"रणवष" / Assessment Year: (2018-19) (Virtual Court Hearing) Maheshwari Logistics Ltd. Principal Commissioner Of Income Tax, Valsad, Room No.301, 3Rd Floor, Shed No.A2-3/2 Mll House, Vs. Opp. Upl, 1St Phase, Gidc, Income Tax Office, Palak Arcade, Pali Vapi, Valsad-396195 Hill, Santi Nagar, Tithal Road, Valsad- 396001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaecm 8332 N (अपीलाथ" /Appellant) (""थ"/Respondent) िनधा"रती की ओर से /Assessee By : Shri Sakar Sharma, C.A राज"व क" ओर से /Respondent By: Shri Ashok B. Koli, Cit-Dr
For Appellant: Shri Sakar Sharma, C.AFor Respondent: Shri Ashok B. Koli, CIT-DR
Section 143(3)Section 263
149
5. The ld PCIT also noted that in computation of total income, audit report filed along with Income Tax Return and Income Tax Return filed by the assessee for assessment year 2018-19, the different figures of tangible asset, intangible asset are getting reflected, however, no question has been asked by the Assessing Officer on acquisition of assets, depreciation
