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2012 (12) TMI 623 - AT - Income TaxEstimation of profit of manufacturing division - Held that:- Action of the CIT(A) in enhancing percentage of profit from civil contract works at 8% as against 5% estimated by the assessing officer and accepted by the assessee without giving any opportunity to the assessee is against the provisions of law and has to be rectified - store the matter to his file for readjudicating on this issue. Disallowance of expenditure - Non deduction of TDS - Held that:- Issue restored to file of CIT(A) to re-examine in accordance with law and after giving reasonable opportunity of hearing to the assessee whether expenditure is payable as on 31st March of every year have already been paid during the previous year without deducting tax at source and accordingly redetermine the amount of expenditure - appeal decided in favour of assessee by way of remand.
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