Case Law Details
Case Name : The Pr. Commissioner of Income Tax Vs M/s. Chawla Interbild Construction Co. Pvt. Ltd. (Bombay High Court)
Related Assessment Year :
Courts :
All High Courts Bombay High Court
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PCIT Vs. Chawla Interbild Construction Co. Pvt. Ltd (Bombay High Court)
Assessing Officer while passing the assessment order has dis-allowed 40% of the total payments made on the basis of the payments made to 13 parties, who were not produced before him during the assessment proceedings. This on the ground that payments are not genuine. We are unable to understand on what basis the dis-allowance is made on the total payments, if at all it should have been restricted only to the amounts paid to
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