ITO, WARD-2, HANUMANGARH vs. SMT. LALITA SARAF , HANUMANGARH TOWN
In the result, the appeals of the Department are dismissed and the Cross objections of the assessees are allowed
ITA 551/JODH/2018[ 2010-11]Status: DisposedITAT Jodhpur06 May 2019
Bench: Shri N.K. Sainithe Income Tax Officer, Vs Smt. Lalita Saraf, Ward-2, Hanumangarh C/O Mangi Lal Saraf, In Front Of Mandi Studio, Hanumangarh Town
Section 12A
section 145(3) of the Act at the
level of the Assessing Officer who had not found any hidden profit,
therefore, the additions sustained by the Ld. CIT(A) at Rs. 2,50,000/- was not
justified.
17. In his rival submissions, the Ld. Sr. DR strongly supported the
assessment order passed by the Assessing Officer and reiterated the
observations