SAT INDER CONSTRUCTIONS PRIVATE LIMITED,CUTTACK vs. DCIT ASMNT, CIRCLE 2(1),, CUTTACK

In the result, the appeal of the assessee is allowed

Bench: Shri George Mathan, Jm & Shri Rajesh Kumar, Am Sat Inder Constructions Private Limitd Dcit Asmnt, Circle 2(1) Inder Bhawan, Tv Station Road, Aaykar Bhavan, Cuttack, Odisha- Vs. Tulasipur, Cuttack, 753002 Odisha-753008 (Appellant) (Respondent) Pan No. Aascs8658P Assessee By : Shri P.K. Mishra & B.N. Behera, Ars Revenue By : Shri Nishanth Rao B, Dr Date Of Hearing: 17.07.2025 Date Of Pronouncement: 17.07.2025

depreciation. It was the submission by the SAT Inder Constructions Private Limited; A.Y. 2017-18 ld. AR that the ld. AO has not rejected the assessee’s books of account but estimated the income. It was the submission that the estimation of income was not permissible without the rejection of the books. 04. In reply, the ld. Sr. DR submitted