RAKESH AGARWAL ,ALIGARH vs. PCIT AGRA-1, AGRA
In the result, both the appeals of the assessee are allowed
ITA 205/AGR/2025[2016-17]Status: DisposedITAT Agra13 Oct 2025AY 2016-17
Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh
Section 142(1)Section 147Section 147oSection 148Section 263Section 50Section 50CSection 50C(1)Section 56(2)Section 56(2)(viib)
205 /Agr/2025
Mamta Agarwal and Rakesh Agarwal
The assessee is engaged in the business of manufacturing, export and sales against form H of electrical wiring accessories. The case was reopened u/s 147of the Income Tax Act, 1961 (‘the Act’) by the AO, vide notice U/s 148 of the Act, dated 30.03.2021, on the ground that the assessee had purchased
