JALALABAD SOLVEX PRIVATE LTD,JALALABAD vs. PR COMMISSIONER OF INCOME TAX , AMRITSAR-1, PR COMMISSIONER OF INCOME TAX
In the result, the appeal filed by the assessee is allowed
ITA 117/ASR/2024[2014-2015]Status: DisposedITAT Amritsar29 Jan 2025AY 2014-2015
Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay
For Appellant: Sh. Ashwani Kalia, C.A
Section 143(1)Section 143(3)Section 144BSection 147Section 148Section 263Section 263(1)
36 are as follows:
“1. That the ld.Pr.CIT-1, Amritsar has erred in law and on facts invoking the provisions of section 263 of the Act simply on the basis of Audit Objections without there being application of mind on his part.
2. That the ld.Pr.CIT-1, Amritsar has erred in law and on facts in holding that the assessment