LATE. SH. GURMAIL. SINGH. S/O. SH. LAL SINGH,SRI MUKATSAR vs. DY.COMMISSIONER OF INCOME TAX CIRCLE -II, BATHINDA
Appeals are disposed of in the terms and observation made as above
ITA 58/ASR/2019[2013-14]Status: DisposedITAT Amritsar25 May 2023AY 2013-14
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Parikshit Aggarwal, CAFor Respondent: Sh. S. R. Kaushik, CIT-DR
Section 147Section 148Section 151(2)Section 250(6)Section 282Section 69A
112
54,50,000
2013-14
2,83,61,830
2,84,61,830
37,50,000
16. Without prejudice to the above, if this diary is presumed to be belong
to them, the aforesaid calculation of peak has to be further divided in both
the appellant assesse being 50% share of each in the business, as under:
A.Y.
Peak
