M/S RITHWIK RK JOINT VENTURE vs. PR. CIT, ALLAHABAD
In the result, both the appeals of the assessee are partly allowed
ITA 99/ALLD/2017[2012-2013]Status: DisposedITAT Allahabad26 Jul 2022AY 2012-2013
Bench: Shri.Vijay Pal Rao & Shri Ramit Kochar
For Appellant: Sh. Pawan Chakrapani, C.AFor Respondent: Sh. Ramendra Kumar Vishwakarma, CIT DR
Section 263
20,33,34,166/-. Therefore, there is a difference of Rs. 1,10,43,576/- which was neither considered by the Assessing Officer nor verified or examined during the assessment. The assessee has simply taken the stand that the receipts have been individual member. The assessee has also not brought any material on record to show that the individual member