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Case Law Details

Case Name : M/s Sharma East India Hospitals & Medical Research Ltd Vs DCIT (ITAT Jaipur)
Appeal Number : ITA No.718 & 719/JP/2014 and ITA No.803 & 804/JP/2014
Date of Judgement/Order : 05/06/2015
Related Assessment Year : 2010-11 & 2011-12
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Brief of the Case:

In the case of M/s Sharma East India Hospitals & Medical Research Ltd vs. DCIT, ITAT Jaipur held that disallowance out of unverifiable purchases may be restricted to 15% following the consolidated order in the cases of Sh. Anuj Kumar Varshney and ors. Vs. ITO, ITA No. 187/JP/2012 in which disallowance for of unverifiable purchases of semi precious stones is been restricted to 15% by holding the same as reasonable estimat

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0 Comments

  1. manish parekh says:

    Life time Pensions for such IAS IRS and other government officers who are enjoying the unwarranted powers BRITISH era ACTS & RULES designed to loot the country. And no benefit for the TAX PAYER who pays tax during life time. Why they need to be provided pension for life + the enhanced pay recommended by Fifth Pay Commission. These ACTS were designed for British Rulers to RULE the masses, harass them, extract money, loot the country and divert all wealth. How can the same rules continue to apply today whereby the same harassment + loot continue – only change being British Officers have been replaced by Indian (govt) officers ? Is the PM listening ?

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