In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed
Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm
147 of the Act by issuing notice u/s 148 of the Act on the basis of findings of the survey team in the survey proceedings conducted u/s 133A of the Act on the assessee on 04.11.2019. The assessee complied with the said notice by filing the return of income declaring total loss