ASIAN EARTH MOVERS,BELLARY vs. INCOME TAX OFFICER, WARD 1 & TPS, BELLARY
In the result, the appeal is allowed for statistical purposes
ITA 136/BANG/2024[2018-19]Status: DisposedITAT Bangalore24 Sept 2024AY 2018-19
Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2018-19
For Appellant: Shri B.S. Balachandran, AdvocateFor Respondent: Shri V. Parithivel, Jt. CIT(DR)(ITAT), Bengaluru
Section 139(1)Section 144BSection 147Section 148Section 234ASection 249(4)Section 270ASection 272A(1)(d)
e-Portal, which has been omitted to be noticed.
(ii)
The tax payable on the income returned as per section 249(4) is NIL.
3. The impugned assessment order is bad in law and void:
(i)
Because, mere information that immovable property of the Appellant was sold for Rs 67,67,000/- did not lead to any inference of income
