MODERN AGENCIES,JHANSI vs. ACIT CIRCLE-6, JHANSI
In the result, both the appeals of the assessee are partly
ITA 438/AGR/2015[2010-11]Status: DisposedITAT Agra05 Oct 2018AY 2010-11
Section 145(3)
section 144 i.e. ‘Best Judgment Assessment.’
3. The assessment of income as per discussion above is framed below:
“a. The value of phyiscial stock taken on date of survey was Rs.1,30,14,587/-. The partner of the firms, Sh. Mukesh
Agarwal in his statement on the date of survey was confronted with this stock inventory which was taken
