M/S RADHARANI JEWELLERS LIMITED,DELHI vs. DCIT, CENTRAL CIRCLE, AGRA
In the result, both the appeals of the assessee are allowed for statistical purposes
ITA 7/AGR/2026[2018-19]Status: DisposedITAT Agra02 Apr 2026AY 2018-19
Bench: Shri M. Balaganesh
For Appellant: Shri Anurag Singha, AdvFor Respondent: Shri Anil Kumar, Sr. DR
Section 115BSection 142(1)Section 143(3)Section 147Section 148Section 263Section 69A
reassessment proceedings, the Assessee explained that the jewellery belonged to the company and had been sent for repolishing / job work to M/s Vijay Enterprises, Rajkot. The transaction was duly recorded in the books of accounts and supported by documentary evidences. However, the Learned AO rejected the explanation mainly on the ground that Form - 403 was generated after interception and concluded