M/S. BHARAT BEEDI WORKS PRIVATE LIMITED,MANGALURU vs. DEPUTY COMMISIONER OF INCOME TAX, CENTRAL CIRCLE - 2, MANGALURU
In the result, the appeals filed by the assessee for all the four A
ITA 643/BANG/2024[2018-19]Status: DisposedITAT Bangalore21 Apr 2025AY 2018-19
Bench: SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER\nAND\nSHRI SOUNDARARAJAN K. (Judicial Member)
For Appellant: Shri Chythanya .K, SrFor Respondent: Shri E. Shridhar, CIT-DR
Section 143(2)Section 143(3)Section 14A
145A and ICDS II\nwere equally applicable for the said impugned years.\n14.
6. Without prejudice to the above, the Learned AO\nerred in making the impugned addition by presuming that\nreflection of Rs.20,59,84,960/- under “Any other item or\nitems of addition under section 28 to 44DA” of the revised\nreturn dated 09.02.2021 was towards undervaluation
