SHRI OM PARKASH LEGAL HEIAR SMT PUSHPA VERMA,JALANDHAR vs. INCOME TAX OFFICER WARD-1(3), JALANDHAR
In the result, the assessee’s appeal is dismissed
ITA 756/ASR/2017[2014-15]Status: DisposedITAT Amritsar31 Oct 2018AY 2014-15
Bench: Sh. Sanjay Arorai.T.A. No. 756/Asr/2017 Assessment Year: 2014-15
For Appellant: Sh. Ashray Sarna (C.A.)For Respondent: Sh. Charan Dass (D.R.)
Section 143(3)Section 145(3)Section 41(1)Section 41(1)(a)Section 68
302 ITR 246 (P&H), to the effect that once the net profit rate is applied for estimating income, no separate addition on account of cash credit, or for payment of purchases, could be made. He, however, fairly conceded that the said decision stands rendered without considering the decision in Devi Prasad
Vishwanath Prasad (supra), so that
