DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -1, GUWAHATI vs. BMG INFORMATICS PVT. LTD., GUWAHATI

In the result, both, the appeal of the revenue as well as cross objection of the assessee are dismissed

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2016-17

reassessment u/s. 147 of the Act. 2.3. Ld. AO has implicated the assessee for unaccounted cash transactions with DSSPL and made the addition for the same in the hands of the assessee to complete the assessment u/s. 147 read with sec. 143(3) of the Act. In the course of assessment, assessee had provided sample purchase invoices, sample sales invoices