4 results for “disallowance”+ Section 44clear
Sorted by relevance
Key Topics
In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed
Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)
44. So far as other ground for invoking the provisions of section 145(3) is concerned, it is seen that the Assessing Officer had made a bald assertion that purchase bills for raw material consumed shown at Rs.79,79,70,972/- had not been produced for Verification. Such a general and vague observation does not justify rejection and this