Commissioner of Income Tax vs. Sri B. Nagendar,
In the result, Tax Appeal is dismissed with a
ITTA/29/2001HC Telangana07 Nov 2013
Bench: CHALLA KODANDA RAM,G.CHANDRAIAH
Section 143(3)Section 215Section 80HSection 80I
disallowance of discount of
Rs.29.02 lacs (rounded off) for the prupose of calculation of
deduction under section 80I and 80HH of the Income Tax
Act, 1961 (the Act for short). Second part has reference to
transport income of Rs.6.22 lacs (rounded off) for similar
benefits.
From the record it emerges that during the previous
year relevant to assessment year 199798
