SHRI AMRIT PARKASH SEHGAL (HUF),JALANDHAR vs. INCOME TAX OFFICER WARD-2(1), JALANDHAR
In the result, the appeal of the assessee is allowed
ITA 12/ASR/2020[2014-15]Status: DisposedITAT Amritsar24 Aug 2022AY 2014-15
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Surinder Mahajan, CAFor Respondent: Sh. Amlendu Nath Misra, CIT DR
Section 143(3)Section 154Section 263
33,441/-.
5. That the order of the Learned Commissioner of Income Tax, Jalandhar-1
(‘Ld. CIT’) u/s 263 is arbitrary, unjust, is based on assumptions &
presumptions since no error existed or prejudice was caused to revenue, therefore, the order of the Learned Commissioner of Income Tax,
Jalandhar- l(‘Ld. CIT’) passed u/s 263 of the Act deserves