Appeal filed to justify the disallowance of Rs. 2,00,000/- made by the A.O. on account of discount given by the assessee

Last updated: 09 June 2021
Quick Summary
This appeal concerns a Rs. 2,00,000 disallowance made by the Assessing Officer (AO) regarding a discount the assessee provided. The AO disallowed the discount, claiming it was bogus expenditure as the assessee had no income from plot sales during the relevant year. The assessee appealed this decision, arguing the discount was legitimately given for the sale of an industrial plot.

Court :
ITAT Chandigarh

Brief :
This is an appeal by the Assessee against the order dt. 24/04/2019 of the Ld. CIT(A)-1, Chandigarh.

Citation :
ITA NO.990/Chd/2019

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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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