DASHMESH TIMBER AND FURNITURE HOUSE,AJNALA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, AMRITSAR
In the result, the appeal filed by the assessee is allowed
ITA 542/ASR/2024[2019-20]Status: DisposedITAT Amritsar22 Jan 2025AY 2019-20
Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay
For Appellant: Sh. P. N. Arora, Adv
Section 115BSection 133ASection 133A(3)(iii)Section 143(3)Section 250(6)Section 69Section 69A
133A(3)(iii) of the Act,
1961). The said statement was also followed by a surrender letter from the assessee, addressed to the Ld JCIT, Amritsar, dated 08/02/2019, declaring that an additional business income of Rs 65 lakhs is being offered, to cover up the discrepancy of
excess stock and the additional cash, found in the survey premises, which
