ACIT, New Delhi
Indian Farmer Fertilizers Co-op Ltd.
In the case of ACIT, New Delhi vs. Indian Farmer Fertilizers Co-op Ltd.., [ ITA No.3350/Del/2009 and 1194/Del/2011 for the A.Y. 2005-06 & 2006-07, Hon'ble Income Tax Appellate Tribunal, Delhi has held that, an assessee would be entitled to deduction u/s. 43B of the Income Tax Act, 1961 on the basis of Tax Audit Report, even though no supporting evidence for payment had been produced before the Assessing officer during the course of scrutiny proceedings.
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