SANJAY MAJUMDAR,ALLAHABAD vs. PR. CIT, ALLAHABAD

Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2012-13 Mr. Sanjay Majumdar, V. The Principal Commissioner Type Ii – 112, Devprayagam Of Income Tax, Sangam Vatika – Jhalwa, Aayakar Bhawan, Allahabad 211012 38, M.G. Marg, Civil Lines, Allahabad 211001 Pan: Adopm 2688P (Appellant) (Respondent)

Section 263 of the 1961 Act, by holding as under: “3. I have considered the assessment proceeding of the Assessing Officer, conduct of enquiry for making assessment and finding given in assessment order and counter representation of the assessee through Ld. AR, carefully. The issue under reference and in notice u/s 263 is as to whether expenditure of Rs.41