DY.COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1,PATNA, PATNA vs. PARTH ASHRAM EDU SERVICES PRIVATE LIMITED, PATNA

In the result, the appeal filed by the Revenue is partly allowed for statistical purposes

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

section 292C and 132(4A) and submitted that any documents seized/impounded from the possession of the appellant cannot be treated partly true and partly false. Only the income part of the unaccounted receipt should be taxed in the hands of the appellant. I have carefully considered the entire facts of this case and the submissions of the Ld. AR. Admittedly