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
D E R
SHRI VIJAY PAL RAO, JUDICIAL MEMBER:
These two appeals by the assessee are directed against the two separate orders of Pr. CIT dated 18.03.2016 and 09.03.2017 passed under section 263 of Income Tax Act for the assessment years 2011-12 and 2012-13, respectively.
2. For the assessment year 2011-12, the assessee has raised the following