INCOME TAX OFFICER, WARD-1, FARIDKOT, BSNL BUILDING vs. M/S VOHRA SOLVEX PVT. LTD, SADIQ ROAD
In the result, C.O. filed by the assessee is allowed
ITA 588/ASR/2024[2014-15]Status: DisposedITAT Amritsar29 Apr 2025AY 2014-15
Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay
For Appellant: Sh. Sudhir Sehgal, A.R
Section 143(3)Section 148Section 250(6)Section 69C
2,43,78,214/- from M/s Evergreen Sales Corporation, Fazilka)
6.10
Accordingly, addition of Rs. 5,86,710/- (i.e. 1.2% of Rs. 4,88,92,578) is upheld out of the total addition of Rs.6,43,54,912/-.”
6. Regarding the issue of reopening of assessment u/s 148 of the Act which has
been challenged by the assesee before