VIJAY VINOD DURAGKAR,NAGPUR vs. INCOME TAX OFFICER WARD 4(4), NAGPUR
In the result, appeal filed by the assessee is partly allowed
ITA 339/NAG/2023[2015-16]Status: DisposedITAT Nagpur18 Nov 2024AY 2015-16
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Kapil HiraniFor Respondent: Shri Abhay Y. Marathe
Section 148Section 56(2)(vii)Section 69
reassessment.
1.3
In Banke Bihar Properties Pvt. Ltd. v. ITO (ITA NO. 5128/M/2015
dt. 22/04/2016) (Delhi) (Trib.); The Assessing Officer has mechanically issued notice under section 148 of the Act, on the basis of information allegedly received by him from the Directorate of Income Tax
(Investigation), New Delhi. AO has not applied his mind so as to come