M/S H.P.STATE FOREST COPRN. LTD.,SHIMLA vs. JCIT, S.R., SHIMLA
In the result, the present appeal of Appellant/Assessee is allowed and impugned order of Ld
ITA 280/CHANDI/2000[1990-91]Status: DisposedITAT Chandigarh06 Jun 2024AY 1990-91
Bench: Shri Vikram Singh Yadav& Shri Paresh M. Joshiआयकरअपीलसं./Ita Nos.280& 281/Chd/2000 िनधा"रणवष" / Assessment Years : 1990-91& 1991-92 M/S H.P. State Forest Corp. Ltd. Vs The Jcit, Van Nigam Kasumpti Shimla Shimla "ायीलेखासं./Pan No: Aaach4036L अपीलाथ"/Appellant ""यथ"/Respondent िनधा"रतीक"ओरसे/Assessee By: Shri Y.K. Sud, Ca राज"वक"ओरसे/ Revenue By : Sh.Sarabjeet Singh, Cit-Dr सुनवाईक"तारीख/Date Of Hearing : 28.05.2024 उदघोषणाक"तारीख/Date Of Pronouncement : 06.06.2024 Hybridhearing आदेश/Order Per Paresh M. Joshi, Jm: Both The Above Appeals Have Been Filed By The Assessee. Since The Issues Involved In Both The Above Appeals Are Common & Were Heard Together Therefore They Are Being Disposed Off By This Consolidated Order For The Sake Of Brevity. We Shall Take Appeal Of The Assessee In Ita No. 280/Chd/2000 As A Lead Case.
For Appellant: Shri Y.K. Sud, CAFor Respondent: Sh.Sarabjeet Singh, CIT-DR
Section 139(9)Section 142(1)Section 143(1)(a)Section 143(2)Section 144Section 148Section 148(1)Section 151(2)Section 250Section 253
section 143(2) and 142(1) were issued to the Assessee from time to time and ultimately the Assessment was completed u/s 144 of the IT Act, 1961 on 31/03/1994 at the Returned income of Rs.92,52,000/- for the reasons given in the Assessment
Order. The assessment framed by the Assessing Officer was confirmed by CIT(A),
Shimla vide
