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1 result for “TDS”+ Section 50C(2)clear

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Section 263(1)2Section 2632

M/S. VALLABH MARKET,GADARWARA vs. PR. CIT-1, , JABALPUR

In the result, the assessee‟s appeal is partly allowed

ITA 12/JAB/2021[2016-17]Status: DisposedITAT Jabalpur29 Jun 2022AY 2016-17

Bench: Shri Sanjay Arora, Hon‟Ble & Shri Manomohan Das, Hon'Ble

For Appellant: Shri Rahul Bardia, FCAFor Respondent: Shri U.B. Mishra, CIT-DR
Section 263Section 263(1)

2 | P a g e Vallabh Market v. Pr. CIT by the ld. Pr. CIT is bad in law. His contention is that the AO issued specific queries and after verification and detailed scrutiny the assessment was framed by the AO and, accordingly, the assessment order is not erroneous and prejudicial to the interests of the Revenue. On the other