PRINCIPAL COMMISSIONER OF INCOME TAX-4, KOLKATA vs. D.K. BASAK JEWELLERS PVT LTD.
In the result, the appeal filed by the revenue stands
ITAT/193/2019HC Calcutta21 Feb 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
Section 133ASection 143(3)Section 260A
68,862/- and agreeing to pay a sum of Rs.3
crores as additional advance tax. The assessing officer would
state that out of the admitted amount only a sum of Rs.1 crore has
been paid and, therefore, the assessment was taken up for
consideration and the assessing officer faulted the assessee in
not arriving at the value of the stock
