M/S. RAJ DEV ,KOTKAPURA vs. INCOME TAX OFFICER WARD-1, FARIDKOT
In the result, the appeal of the assesse is allowed for statistical
ITA 93/ASR/2023[2012-13]Status: DisposedITAT Amritsar10 Jul 2023AY 2012-13
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Sudhir Sehgal, AdvocateFor Respondent: Sh. Pardeep Kumar, Sr. DR
Section 131Section 139Section 142(1)Section 144Section 250Section 68
147, of the Income-tax Act, 1961 -
Assessment - Addition of income [Opportunity of hearing] - Assessee
Sales Tax authority held that there was sale of spare parts of cars to assessee by car manufacturer but same was not recorded in books -
Said information was supplied to Assessing Officer – Assessing Officer initiated reassessment proceedings and made addition to assessee's income
