UNTESHWAR SINGH,MEGHALAYA vs. CENTRAL CIRCLE-2, GUWAHATI, AAYAKAR BHAWAN, CHRISTIANBASTI

In the result, all the three appeals filed by the Assessee are partly\nallowed for statistical purposes

Section 68 of the IT Act. Thus, the addition\nu/s 68 of Rs.3,50,00,000/- made in the assessment order is hereby\nconfirmed. Ground No. 1 is dismissed accordingly.\n7.3. Decision on Ground(s) of Appeal No(s). 2 :\nThe Appellant contended that estimation of income needs to based on\ncomparables in similar line of business. As discussed

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 3, GUWAHATI vs. M/S. SATYAM ISPAT (NORTH EAST) LIMITED, BANDERDEWA

In the result, the appeals filed by the Revenue for AY 2011-