SHRI LAV NARANG,UJJAIN vs. PCIT,, UJJAIN
ITA 166/IND/2020[2015-16]Status: DisposedITAT Indore30 Nov 2021AY 2015-16
Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year: 2015-16
Section 143(2)Section 143(3)Section 194CSection 263Section 40A(3)Section 44A
section 263 of the
Act and issued following show cause notice to the assessee
(relevant extract is reproduced below):
“In this case, assessee filed return of income of the A.Y.2015-16 on 31.10.2015 declaring total income of Rs.49,15,730/-. The assessment was completed u/s 143(3) on 30.12.2017 by the AO Ujjain at the total income of Rs.80