SANTOSH KUMAR KHANDELWAL,BARIPADA vs. INCOME TAX OFFICER BARIPADA ,ODISHA, BARIPADA

In the result, appeal of the assessee stands partly allowed

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwalassessment Year : 2018-19 Santosh Kumar Khandelwal, Santosh Kumar Khandelwal, Vs. Income Income Tax Tax Officer, Officer, Ward No.8, Hudco Colony, Ward No.8, Hudco Colony, Baripada Madhuban, Baripada, Dist: Madhuban, Baripada, Dist: Mayurbhanj Mayurbhanj Pan/Gir No Pan/Gir No.Aaofs 0967 J (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri Mohit Sheth, Mohit Sheth, Adv Revenue By : Shri S.C.Mohanty, Ld Sr Dr : Shri S.C.Mohanty, Ld Sr Dr Date Of Hearing : 16/0 04/2024 Date Of Pronouncement : 16/0 /04/2024 O R D E R Per Bench This Is An Appeal Filed By The Assessee Against The Order Of The Ld This Is An Appeal Filed By The Assessee Against The Order Of The Ld This Is An Appeal Filed By The Assessee Against The Order Of The Ld Cit(A), Nfac, Delhi Dated Cit(A), Nfac, Delhi Dated 19.1.2024 In Appeal In Appeal No.Nfac/2017- 18/10008505 For The Assessment Year 2018-19. 2. Shri Mohit Sheth Mohit Sheth, Ld Ar Appeared For The Assessee & Shri D Ar Appeared For The Assessee & Shri S.C.Mohanty, Ld Sr. Dr Appeared For The Revenue.

section 145(3) of the Act. It was the submission that consequent to the rejection of books of account, the income of the assessee was estimated at 6% of the gross receipts and depreciation