PRINCIPAL COMMISSIONER OF INCOME TAX II vs. M/S TRANS ASIA CORPORATION LTD.
Appeal is allowed
ITA/58/2019HC Madhya Pradesh05 Dec 2019
Section 143(2)Section 147Section 148Section 260A
business of trading coil sheet and oil filed
Income Tax return on 31.10.2007 declaring the income of Rs.10,21,802/-
for the assessment year 2007-08. Initially assessment under Section 143(2)
of the Act was made at a total income of Rs.12,35,790/- but subsequently,
the Assessing Officer found that the assessee failed to disclose full and true
