SHRI TEJPAL SINGH,AMRITSAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, AMRITSAR
In the result, appeal of the assesseeITA No
ITA 266/ASR/2023[2018-19]Status: DisposedITAT Amritsar06 Dec 2023AY 2018-19
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No. 266/Asr/2023 Assessment Year: 2018-19
Section 115BSection 133ASection 143(3)Section 250(6)Section 69A
section 69A is bad and illegal. Accordingly, levy of tax u/s 115BBE on the income amount to Rs.14,23,000/- liable to be quashed.
7. In the result, the appeal of the assessee bearing ITA No.
112/Asr/2019 is allowed.”
4.3
The ld. AR further relied on the Sharp Chuks and Machines (P.) Ltd.
Vs. DCIT, CC-1 (2023) 156 Taxmann.com
