ACIT,CIRCLE-1(1), SAMBALPUR vs. M/S. TRL KROSAKI REFRACTORIES LIMITED, JHARASUGUDHA
In the result, appeals of the revenue for the assessment years 2010-
ITA 262/CTK/2020[2012-13]Status: DisposedITAT Cuttack23 Aug 2022AY 2012-13
Bench: Before S/Shri George Mathan, Judicial & Arun Khodpia & Arun Khodpia & Arun Khodpiaita No.260 260/Ctk/2020: Assessment Year Assessment Year :2010-2011
For Appellant: S/Shri Ajit Korde/Bunty SharmaFor Respondent: Shri M.K.Gautam, CIT DR
Section 142(1)Section 143(3)Section 144Section 147Section 92C
penalty, various Courts have held that this has rendered the proceedings invalid and has quashed the assessment. It was fairly agreed by ld AR that for the assessment year 2013-14 and 2014-
15, though the draft assessment orders had been issued but accompanied with demand notice u/s.156 and show cause notice under section 274 r.w.s
271 and subsequent assessment
