SANTOSH KUMAR KHANDELWAL,BARIPADA vs. ACIT, BALASORE, BALASORE

In the result, appeal of the assessee is allowed

Bench: Shri George Mathan & Shri Manish Agarwalआयकर अपील संसंसंसं/Ita No.449/Ctk/2024 (िनधा"रण िनधा"रण िनधा"रण वष" िनधा"रण वष" वष" / Assessment Year : 2017-2018) वष"

144 vide order dated 6.12.2019 at a total income of Rs. 37,32,140/-. As the assessee has not filed the relevant details, the Assessing Officer has estimated the income of the assessee from contract activity by applying the net profit rate at 6% before interest and remuneration of the partners. 3 The Assessing Officer initiated the penalty proceedings u/s

ACIT,CIRCLE-1(!), SAMBALPUR vs. M/S. TRL KROSAKI REFRACTORIES LIMITED, JHARSUGUDHA