SHAKAMBARI INFRASTRUCTURE PRIVATE LIMITED,RANCHI vs. ACIT/DCIT, CEN CIR-1, RANCHI

ITA 236/RAN/2026Status: DisposedITAT Ranchi30 July 2026AY 2019-202012 pages

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Income Tax Appellate Tribunal, RANCHI BENCH, RANCHI

Before: S/SHRI GEORGE MATHAN & RATNESH NANDAN SAHAY

For Appellant: Shri Devesh Poddar Adv and R.R.Mittal, AR
For Respondent: Shri H.Robindro Singh, ld CIT DR
Hearing: 30/07/2026Pronounced: 30/07/2026

Per Bench This is an appeal filed by the assessee against the order of the ld PCIT (Central), Patna at Ranchi dated 31.03.2026 u/s.263 of the Act for the assessment year 2019-20. 2. Shri Devesh Poddar and Shri R.R.Mittal, ld ARs appeared for the assessee and Shri H.Robindro Singh, ld CIT DR appeared for the revenue.

3.

It was submitted by the ld. AR that the ld. Pr.CIT has invoked his power u/s.263 of the Act because the assessee has shown revenue from operations for P a g e 1 | 12 Assessment Year:2019-20

an amount of Rs.22,87,366/-, whereas the figure reflected in 26AS was Rs.64,88,595/-. It was the submission that this issue was the subject

The order continues below.

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