Principal Commissioner of Income Tax vs. M/s Nara Constructions,
ITTA/672/2017HC Telangana15 Nov 2017
Bench: CHALLA KODANDA RAM,C.V.NAGARJUNA REDDY
Section 260ASection 271(1)(c)Section 28Section 36(1)Section 36(1)(viii)
disallowed while
computing the total income is not deemed to be income in respect of
which particulars have been concealed.
6.
In the context of the present case, we would like to first
reproduce clause (viii) of Section 36(1) of the Act as applicable in the
Assessment Years 2003-2004 to 2009-2010, which reads:-
“36. (1) The deductions
