SHRI NITIN SHARMA,JABALPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -2, JABALPUR
In the result, the appeal is partly allowed
ITA 25/JAB/2019[2014-15]Status: DisposedITAT Jabalpur28 Sept 2020AY 2014-15
Bench: Shri N.R.S. Ganesan & Shri Sanjay Arora
Section 132(4)Section 142(1)Section 143(2)Section 143(3)Section 153A(1)Section 153CSection 153C(1)Section 153DSection 263Section 7(1)
revision. In fact, most of the cash transactions are with the said partnership firms, with the ‘cash gift’ from wife, Priyanka Sharma, at Rs.78.50 lacs, added in assessment.
No wonder, then, that none of these queries translated into any adjustment to the assessee’s returned income in the post section 263 assessment order. Though a matter subsequent, with which
