M/S BHAGIRATH DAIRY PRIVATE LIMITED,NAGAUR vs. ASSISTANT COMMISSIONER OF INCOME TAX,, NAGAUR
The appeal is allowed
ITA 755/JODH/2025[2017-18]Status: DisposedITAT Jodhpur26 Feb 2026AY 2017-18
Bench: Dr. Mitha Lal Meena, Hon’Ble & Shri Sudhir Pareek, Hon’Ble
Section 131Section 143(3)Section 44Section 68Section 69Section 69A
36,000/-. Similarly, the creditor has also disclosed income of Rs.1,74,580/- u/s 44 AD on business receipts of agricultural products. In response to notice u/s 131, the creditor had furnished a reply that he had advanced Rs.25,50,000/- out of his business receipts, both of plying of trucks and agricultural products.
In view of all the aforesaid