PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA vs. KRISHNA KUMAR PARSURAMKA
In the result, these appeals are allowed and the substantial
ITAT/130/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
68 of the Act. In the cases
on hand, the assessee has not discharged the burden which has been cast
upon them which was rightly noted by the Assessing Officer as well as the
CIT(A) but erroneously reversed by the Tribunal. Reliance was placed on the
decision of the Hon’ble Supreme Court in CIT, Bihar Versus S.P. Jain
