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2 results for “section 68”+ Section 430clear

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Section 1483Section 692Addition to Income2

THE ASSISTANT COMMISSIONER OF INCOME TAX,, PATHANKOT vs. M/S WALIA CONSTRUCTION CO.,, PATHANKOT

In the result, the appeal filed by the Revenue Department stands dismissed

ITA 499/ASR/2015[2010-11]Status: DisposedITAT Amritsar14 Feb 2019AY 2010-11

Bench: Sh. N.S.Saini & Sh. N.K.Choudhryita No.499(Asr)/2015 Assessment Year:2010-11

For Appellant: Sh. Ashwani Kalia (Ld. CA)For Respondent: Sh. Bhawani Shankar (Ld. DR)
Section 133ASection 143(1)Section 250(6)

430/-. In this case survey under section 133A was conducted on 10/03/201.0 and the assessee has surrendered an amount of Rs.50 lakhs which has duly been reflected in the Profit & Loss Accounts. The case was selected for scrutiny through CASS. The assessee’s firm is a Govt. Contractor engaged in Civil Construction. The Assessing Officer completed the assessment

ANBHAO PARKASH S/O DARSHAN LAL, VILLAGE VEERE WALA KALAN, FARIDKOT,FARIDKOT vs. INCOME TAX OFFICER, WARD-3(4), FARIDKOT, JURISDICTIONAL ASSESSING OFFICER, ITO WARD 1, FARIDKAOT, FARIDKOT

In the result, the appeal filed by the assessee is allowed

ITA 630/ASR/2024[2012-2013]Status: DisposedITAT Amritsar30 Jun 2025AY 2012-2013

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

For Appellant: Sh. Sudhir Sehgal, A.R
Section 142(1)Section 143(2)Section 144Section 148Section 250oSection 69

430/- (including an addition of Rs.16,75,000/- u/s 69 of the Act, being the amount of cash, deposited in bank by the assessee). 4. In course of first appeal proceedings, the assessee has filed submissions with evidences explaining the source of cash deposit in details and remand report was obtained from the AO, and in response to the same