K B ASSOCIATES,GUWAHATI vs. DCIT, CIRCLE-3, GUWAHATI, GUWAHATI
ITA 46/GTY/2025[2017-18]Status: DisposedITAT Guwahati06 Aug 2025AY 2017-18
Bench: Ld AO. Full compliance was not even after penalty u/s 274 r.w.s 272A(1)(d) was imposed for incomplete compliance. Further, in the appeal proceeding also, the appellant has filed written submission only with respect to ground of appeal no 6. No details have been furnished except form no 26. Under the circumstances, the contention of the appellant all the compliances were made is totally incorrect. Under the circumstances, I find that Ld AO has correctly rejected the books of the appellant an
Section 143(3)Section 145Section 145(3)Section 250Section 274
TDS. In his order the Ld. AO has recorded a finding that
I.T.A. No. 46/GTY/2025
K B Associates satisfactory explanation was not provided by the assessee in response to notices sent from his office and thereafter the impugned addition was made after rejecting the books of accounts and estimating net profit at 50% of the gross receipts.
1.1
The assessee