GAJANAND FINANCIAL CONSULTANCY PRIVATE LIMITED,NAGPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) NAGPUR, NAGPUR
In the result, assessee’s appeal is allowed
ITA 126/NAG/2025[2013-2014]Status: DisposedITAT Nagpur22 Sept 2025AY 2013-2014
Bench: Shri Narender Kumar Choudhry & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Pankaj Kumar
Section 143(3)Section 263Section 68
Income Tax, Central, Nagpur erred in not considering that the order passed by assessing officer making addition of Rs. 5,57,10,000/-on protective basis U/s. 68 is pending before CIT(A) and thereby propose to make further addition of Rs. 4,60,00,000/- on same issue, therefore the order passed U/s. 263 is illegal, invalid