ACIT-CIRCLE-2(1)(1), AGRA vs. PUNEET AGARWAL, AGRA

In the result, the appeal filed by the assessee is allowed, the CO raised by the assessee and appeal filed by the Revenue are dismissed

Bench: SHRI S. RIFAUR RAHMAN (Accountant Member), SHRI SUNIL KUMAR SINGH (Judicial Member)

153A). 4) That the CIT(A) has erred on facts and in law in not appreciating the fact that present assessment is made u/s 143(3) as it is Current " Year/Search Year. The question of applicability of section 153C does not arise as 153C is applicable only to preceding assessment years. Even considering the date of handing over

ACIT, CIRCLE-2(1)(1), AGRA, AGRA vs. SH. VISHWAMBHAR DAYAL AGARWAL, AGRA

153A).\n4)\nThat the CIT(A) has erred on facts and in law in not appreciating\nthe fact that present assessment is made u/s 143(3) as it is Current "\nYear/Search Year. The question of applicability of section 153C does\nnot arise as 153C is applicable only to preceding assessment years.\nEven considering the date of handing over