PARIS ELYSEES INDIA PVT. LTD.,JAIPUR vs. DCIT, CIRCLE-7, JAIPUR
ITA 681/JPR/2023[2012-13]Status: DisposedITAT Jaipur19 Sept 2024AY 2012-13
Bench: Him Against The Order Dated 05.12.2019 Passed Under Section 147/143(3) Of The Income Tax Act, [ For Short “Act” ] By Acit, Circle-07, Jaipur.
For Appellant: Sh. Rohan Sogani, CAFor Respondent: Sh. Anup Singh, Addl. CIT
Section 115JSection 147Section 148Section 151Section 250Section 253(5)
reassessment proceeding the assessee company categorically placed on record all the relevant facts along with supporting evidences [PB
36-46]. However, ld. AO failed to appreciate that the assessee company had not created any provision for writing off the asset or for diminution in its value but had actually written off the asset being non-recoverable.
12. In the below
