RAVINDRA MADANLAL KHANDELWAL,AKOLA vs. DCIT/ACIT CIRCLE , AKOLA
In the result, appeal filed by the assessee is allowed for statistical purposes
ITA 375/NAG/2024[2018-19]Status: DisposedITAT Nagpur18 Nov 2024AY 2018-19
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Mahavir AtalFor Respondent: Shri Sandipkumar Salunke
Section 142(1)Section 143Section 144BSection 68
144B of the Income Tax
Act, 1961 ("the Act") by the National Faceless Appeal Centre, Delhi,
2. The assessee has raised following grounds:–
“1. Whether on the facts and circumstances of the case, the learned
First Appellate Authority was justified in endorsing the addition made under section 68 of Rs.5,20,84,000/-. Specifically in the light of the facts