TaxTMI 
TaxTMI 
2018 (1) TMI 1560
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.... section 253 of the Income-Tax Act ("The Act") is directed against the order ld. CIT(A)-13, Mumbai dated 06.01.2010 for Assessment Year (AY) 2006-07 which in turn arises from the assessment order under section 143(3) dated 31.12.2008 passed by the Assessing Officer (AO) . The assessee has raised the following grounds of appeal: 1.1] On the facts and the circumstances of the case and in law, the....
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....ve that the debt had become bad. 2.2] The disallowance so upheld is in total disregard to the provision of section 36(1)(vii) read with provision of section. 2.3] The appellant prays that the disallowance of Rs. 18,99,714 be deleted. 2. Brief facts of the case are that the assessee is a Private limited company, filed its return of income for relevant AY on 30.03.2007 declaring taxable inco....
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....order-sheet reveals that none appeared on behalf of assessee on 01.03.2007. On 01.03.2007, it was directed to serve the assessee by notice of hearing through RPAD. Despite service of notice, none appeared on behalf of assessee. 4. We have heard the ld. Departmental Representative (DR) for the Revenue and perused the material available on record. The ld. DR for the Revenue supported the order of ....
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....roduce the sale-deed for land shown in fixed asset for the purpose of computing capital gain. The assessee not provided copy of sale-deed for sale of land and factory building at Taloja or any other evidence, the AO made the addition of Rs. 5 Crore in the income of assessee on estimate basis. The ld. CIT(A) after considering the contention of assessee observed that the profit of sale of land shall....