M/S BENARA BEARING PVT.LTD,AGRA vs. DCIT-CC-1, KANPUR
In the result, the appeal of the assessee is partly allowed
ITA 333/LKW/2024[B.P.1996-97 to 2002-03]Status: DisposedITAT Lucknow25 Oct 2024
Bench: Sh. Sudhanshu Srivastava & Sh. Nikhil Choudharya.Y. : B.P. 1996-97 To 2002-03 M/S Benara Bearings Pvt. Ltd., Deputy Commissioner Of Income- 44/347, Bharatpur Road, Vs. Tax, Central Circle-1, Kanpur Bodla, Agra-282007 U.P. Pan:Aabcb5525F (Appellant) (Respondent) Assessee By: Sh. Ashish Jaiswal, Advcoate Revenue By: Sh. Gayasuddin, Cit Dr Date Of Hearing: 05.09.2024 Date Of Pronouncement: 25.10.2024 O R D E R Per Sh. Nikhil Choudhary: This Is An Appeal Against The Order Of The Ld. Cit(A), Nfac, Passed Under Section 250 Of The Income Tax Act, 1961 On 21.09.2023. The Grounds Of Appeal Preferred Are As Under:-
For Appellant: Sh. Ashish Jaiswal, AdvcoateFor Respondent: Sh. Gayasuddin, CIT DR
Section 132Section 143(2)Section 158BSection 245CSection 250Section 263
245C(i) of the I.T. Act before the Hon’ble Settlement Commissioner, New Delhi on 22.12.2006, in which the assessee had disclosed additional undisclosed income of Rs. 2,00,000/-. A Rule 9 report was sent to the Hon’ble Settlement Commission, stating the view of the Department regarding the total undisclosed income of the assessee company, which was quantified
