SUNRISE REALCONSULTANCY PRIVATE LIMITED ,BHIWADI vs. INCOME TAX OFFICER, WARD-BHIWADI, BHIWADI

reassessment was\ncompleted under Section 144 (best judgment assessment) based on available\nrecords. A motor vehicle purchase of Rs.35,46,667. Commission/brokerage\nreceipts amounting to Rs.31,17,181 during F.Y. 2012-13. A letter under Section\n133(6) was issued to Bird Automotive Pvt. Ltd., from which the vehicle was\npurchased. Bird Automotive confirmed the sale

APOORVA SHARMA,JAIPUR vs. ITO, WARD-6(4), JAIPUR

section 64(1A). (iv) Ld. AO as well CIT(A) has stressed upon the fact that TDS has been deducted on the income on which tax was deducted at source by Eve Miracle Jewels Limited u/s 194H and the assesse provided certain services for which commission was paid by the deductor which proves that assessee’s own efforts were involved

M/S GVK JAIPUR EXPRESSWAY PRIVATE LIMITED,TELANGANA vs. PCIT 2, JAIPUR

In the result, the appeal of the assessee is allowed

reassessment proceedings. This being the case, the assessment\norder could not be subjected to revision u/s 263 and the action of Ld.\nPr.CIT in invoking jurisdiction u/s 263 could not be sustained in the eyes\nof law. Similar is the view of the Tribunal in assessee's group concern i.e.\nM/s Reliance Corporate IT Park