LALJI & SONS,BANKURA vs. ACIT, CIRCLE - BANKURA, BANKURA
In the result, all the appeals of assessee are allowed
ITA 220/KOL/2016[2003-2004]Status: DisposedITAT Kolkata25 Jan 2018AY 2003-2004
Bench: : Shri M. Balaganesh & Shri S.S.Viswanethra Ravi
For Appellant: Shri D.K. Sen, Advocate, ld.ARFor Respondent: Shri Arindam Bhattacharjee, Addl, CIT, ld.DR
Section 143(2)Section 143(3)Section 147Section 148Section 292B
house property & capital gains. The assessee filed its return on 22-09-03 showing a total income of Rs.1,96,808/-.
Accordingly, the said return was processed by raising a demand of Rs.206/-. Subsequently, on an information regarding declaration of less value of the property by issuing a notice u/s. 148 of the Act, the AO reopened the original assessment