Assessee Creative Ideas, New Delhi ITO, Ward- 28(4), New Delhi


Quick Summary
This case involves M/s Creative Ideas, a partnership firm exporting ladies garments, appealing a disallowance of business expenses. The Assessing Officer initially disallowed 10% of certain expenses, totalling Rs. 5,02,600. The CIT (Appeals) reduced this disallowance to Rs. 3,85,548. The firm has now appealed this reduced amount to the Income Tax Appellate Tribunal.

Court :
ITAT New Delhi

Brief :
This appeal is filed by M/s Creative Ideas, New Delhi (the Appellant) for Assessment Year 2013-14 against the order of the CIT (Appeals)-10, New Delhi dated 15.05.2017 in appeal filed by the assessee against the assessment order passed under Section 143(3) of the Income Tax Act, 1961 (the Act) by Income Tax Officer, Ward 28(4), New Delhi, dated 18.02.2016 was challenged wherein an addition of Rs.5,02,600/- was made and the ld. CIT (Appeals) upheld the disallowance to Rs.3,85,548/-. This is the solitary ground of appeal.

Citation :
ITA No. 5819/Del/2019

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1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

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3 Years PLAN
4999
(Excl. of GST ₹899)

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