RAJ KUMAR & CO,NAWANSHAHR vs. INCOME TAX OFFICER, NAWANSHAHR
In the result, the appeal of the assessee is partly allowed as indicated above
ITA 641/ASR/2024[2017-18]Status: DisposedITAT Amritsar16 Oct 2025AY 2017-18
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta
For Appellant: Sh. Ashray Sarna, Adv
Section 115Section 115BSection 144Section 250Section 68
7 of appeal is dismissed.
6.6 Ground no, 8: It relates to the claim that the AO erred to making addition of Rs. 5,89,874/- without appreciating that the capital of the partners was deposited in the year ended on 31-
03-2016 and the capital was required to be considered in the cases of the partners
