ACIT, CENTRAL CIRCLE-3, PATNA vs. BROADSON COMMODITIES PVT LTD, DHANBAD

In the result, both the appeals of Revenue are dismissed, whereas the Cross Objections filed by the assessee are allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

b) Whether additions made under section 153A by the ld. Assessing Officer in both the years are sustainable or not. We take this issue first in both the years. 5. Brief facts in A.Y. 2016-17 are as under:- According to the Revenue a search and seizure operation under section 132(1) and survey operation under section 133A

ACIT, CENTRAL CIRCLE-3, PATNA vs. BROADSON COMMODITIES PVT LTD, DHANBAD

In the result, both the appeals of Revenue are dismissed, whereas the Cross Objections filed by the assessee are allowed