SUBHASHCHAND CHANDAK (HUF),NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, NAGPUR
In the result, appeal filed by the assessee is dismissed
ITA 85/NAG/2021[2006-07]Status: DisposedITAT Nagpur16 Jul 2024AY 2006-07
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri K.M. GuptaFor Respondent: Shri Abhay Y. Marathe
Section 143(3)Section 147Section 148Section 154Section 250Section 288ASection 68
…, the order passed by the Assessing Officer is bad in law. 3. The order passed by Assessing Officer is against the principle laid down by the Supreme Court, Bombay High Court and Delhi High Court in the case reported in 66 ITR 622, 87 ITR 407, 215 Taxman 153, 81 DTR 33 and 309 ITR 233 respectively. 4. The Assessing Officer has not followed guideline prescribed by Supreme Court and Bombay High Court in the cases reported in 259 ITR 19 and 296 ITR 96 respectively. The assessing Officer has immediately passed the order within a day from supply of objection instead of 4 week time as prescribed by the Hon'ble Courts i…