ARUN PALAWAT,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX, (CENTRAL),, JAIPUR
The appeal of the assessee is allowed
ITA 599/JPR/2025[2021-22]Status: DisposedITAT Jaipur15 Sept 2025AY 2021-22
Bench: DR. MITHA LAL MEENA (Accountant Member), DR. S. SEETHALAKSHMI (Judicial Member)
For Appellant: Shri S.R. Sharma, C.A. &For Respondent: Shri Rajesh Ojha, CIT-DR a
Section 115Section 143(3)Section 148BSection 263Section 69A
148B of the IT Act, 1961 at a total loss of (-) Rs. 2,95,46,110/- after making an addition of Rs. 33,90,001/- to the declared income/loss. The details of the above said addition has been given and comprehensively explained in the assessment order.
Upon examination of the assessment records, the ld. PCIT
(Central), Jaipur opined that
