S.SURJIT SINGH,LUDHIANA vs. PR.CIT-1, LUDHIANA
In the result, appeal of the Assessee is allowed
ITA 118/CHANDI/2021[2012-13]Status: DisposedITAT Chandigarh17 Nov 2022AY 2012-13
Bench: Smt.Diva Singh & Shri Vikram Singh Yadav
For Appellant: Shri Parikshit Aggarwal, CAFor Respondent: Shri Sarabjeet Singh, CIT, DR
Section 143(2)Section 147Section 148Section 263Section 54
32,50,000/- has been sold without any documentary evidence. Accordingly, he is of the considered opinion that the assessment proceedings so completed by the AO under section 143(3) read with 147 is erroneous and prejudicial to the interest of the Revenue and the same was set aside to the file of the AO to pass a fresh order
