M/S BLUE CITY TOWNSHIP & COLONIZERS,AMRITSAR. vs. THE INCOME TAX OFFICER,, AMRITSAR.

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

131(1) of 1 T Act that the then cashier of the Bank has given in writing that the above cash deposits were made by M/s Blue City Township &, Colonizers Pvt Ltd . Amritsar on 4-4-2008 in the Sundry/ GLA account No. 170560100. Accordingly, the AO rightly concluded that the amounts

INCOME TAX OFFICER WARD-1 (1), JALANDHAR vs. SHRI ANIL KUMAR WASON, JALANDHAR

In the result, the appeal of the revenue bearing ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No. 164/Asr/2023 Assessment Year: 2014-15

131 of the Act and this non-appearance by Sh. Rakesh Kumar Sidana was considered sufficient by the AO to deem it as bogus and add the credit balance u/s 68 of the Act in the I.T.A. No.164/Asr/2023 18 Assessment Year: 2014-15 hands of the appellant. As stated above, these two creditors had submitted their confirmation with

SH. YASH PAUL KHANNA PROP.,JALANDHAR vs. INCOME TAX OFFICER, JALANDHAR

In the result, the appeal filed by the assessee is allowed

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

section quoted by the AO is 143(3) dated 03.02.2006, we find from records that in this case the original assessment was framed on 23.02.2024, u/s 143(3) on a total income of Rs.1,35,690/- (as against return income of Rs.1,06,150/- ), which has been subsequently set aside by the ld. CIT, Jalandhar-II, by invoking his jurisdiction