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Section 143(3)3 Section 683 Section 1432 Section 562

M/S. GOVIND STONE PRIVATE LIMITED ,HAMIRPUR vs. INCOME TAX OFFICER -5(4), BANDA

ITA 258/ALLD/2018[2013-14]Status: DisposedITAT Allahabad19 Dec 2022AY 2013-14

Bench: Shrivijay Pal Rao & Shri Ramit Kochar

For Appellant: Shri. R. S. Agrawal, Adv. &VinayGoel, C.AFor Respondent: Shri A.K. Singh Sr.D.R

Section 143Section 143(2)Section 143(3)Section 56Section 68

u/s 2(31) , where cash credit is found credited in the books of an taxpayer and the taxpayer offers no explanation or an explanation offered by taxpayer is found not satisfactory by the AO, then by deeming fiction , the said cash credit is brought to tax as deemed income u/s 68. However, by amendment made by Finance