O.S. MOTORS PVT. LTD.,JODHPUR` vs. PRINCIPAL COMMISSIONER OF INCOME , JODHPUR
In the result, the appeal filed by the assessee is partly allowed
ITA 54/JODH/2022[2017-18]Status: DisposedITAT Jodhpur16 Jan 2023AY 2017-18
Bench: Shri B. R. Baskaran & Dr. S. Seethalakshmim/S. O.S. Motors Pvt. Ltd. Vs The Pr. Cit Sainiks Motor Building, Chopasani Jodhpur-1 Road, Jodhpur-342001 (Raj) Jodhpur (Appellant) (Respondent) Pan No. Aaaco 1896 R
Section 143(3)Section 14ASection 194HSection 263Section 36(1)(v)Section 40
2. The facts relating to the case are that the assessee is an authorized dealer of Mahindra & Mahindra Ltd. The assessment u/s 143(3) of the Act was completed in the hands of the assessee on 10.12.2019 accepting the total income of Rs.6.00 crores declared by the assessee. The Ld PCIT, upon examination of assessment record, took the view that
