GURMEET TIMBER STORE,LUCKNOW vs. ITO-4(3), LUCKNOW-NEW, LUCKNOW
In the result, the appeal of the assessee stands allowed for statistical purposes
ITA 24/LKW/2025[2022-2023]Status: DisposedITAT Lucknow28 Apr 2025AY 2022-2023
Bench: Shri. Sudhanshu Srivastavaassessment Year: 2022-23 Gurmeet Timber Store V. The Ito-4(3) 12A, Aishbagh Road Lucknow - New Rajendra Nagar Lucknow Tan/Pan:Aalfg7277L (Appellant) (Respondent) Appellant By: Shri Gurmeet Singh Walia, Fca Respondent By: Shri Sunil Kumar Rajwanshi, D.R. Date Of Hearing: 24 04 2025 Date Of Pronouncement: 28 04 2025 O R D E R
For Appellant: Shri Gurmeet Singh Walia, FCAFor Respondent: Shri Sunil Kumar Rajwanshi, D.R
Section 139Section 143Section 144BSection 145(3)Section 44A
disallowed. However, the assessee did not file any reply. The AO accordingly rejected the books of account under section 145(3) of the Income Tax Act, 1961 (hereinafter called “the Act’) and the net profit of the assessee was determined as per provisions of section 44AD of the Act @ 8% of the total credit of Rs.4,11,55,965/-, which
