M/S. PRATIK METALS PVT. LTD.,JODHPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, JODHPUR
In the result, appeal of the assessee is allowed
ITA 156/JODH/2018[2008-09]Status: DisposedITAT Jodhpur19 Mar 2020AY 2008-09
Bench: Shri R.C.Sharma & Shri Sandeep Gosainm/S Prateek Metals Pvt. Ltd. Vs Pr. Commissioner Of Income E-74, Marudhar Ind. Area, Tax-1, Basni-Ii, Jodhpur. Jodhpur.
For Appellant: "1. The
Section 143(3)Section 148Section 2(24)Section 263Section 56(2)(viib)Section 68
2)(viib) and Section 68 were made
applicable from A.Y. 2013-14 in relation to share capital and premium and
therefore, no addition was made. This decision of the AO was examining
the complete details and this was precisely the reason for which the action
U/s 148 was taken. Such a view according to the appellant cannot be said
