OCEAN DREAM INFRASTRUCTURE PVT LTD,LUCKNOW vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, LUCKNOW
In the result, both the appeals of the assessee are allowed for statistical purposes
ITA 146/LKW/2023[2013-14]Status: DisposedITAT Lucknow21 Jan 2025AY 2013-14
Bench: Shri Kul Bharat & Shri Anadee Nath Misshra
For Appellant: Shri Akshay Agrawal, AdvFor Respondent: Shri Sanjeev Krishna Sharma, Addl
Section 132Section 144Section 153ASection 68
68 of the Income Tax Act, 1961 by treating the same as unexplained cash credit.
2.1. Because the learned CIT(A) erred in law and on facts in refusing to admit additional evidence submitted by the assessee during the appellate proceedings.
2.2 Because, without prejudice, in the interests of justice, the learned
CIT(A) ought to have admitted additional evidence
