MAT payable on Loan admitted as income by the Assessee

IN THE ITAT AGRA BENCH Dream Shelters (P.) Ltd. Versus Income-tax Officer, Agra IT Appeal No. 277 (Agra) of 2012 [Assessment year 2008-09] October 23, 2012 ORDER A.L. Gehlot, Accountant Member – This is an appeal filed by the assessee against the order dated 01.03.2012 passed by the ld. CIT(A)-II, Agra for the Assessment Year 2008-09. 2. The assessee has raised the following grounds of appeal: – “1. That the order passed under section 143(3) of the I Act, 1961 by the Ld. Assessing Officer and confirmed by the ld. CIT(A) is wrong, unjust and illegal. 2. That t...