BBCPL-RCPL (JV),JAMUI vs. PCIT CENTRAL, PATNA, PATNA
In the result, the appeal of the assessee is allowed
ITA 122/PAT/2023[2018-19]Status: DisposedITAT Patna17 Apr 2024AY 2018-19
Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad
Section 127Section 133ASection 142(1)Section 143(2)Section 143(3)Section 263
254/- which is only marginally higher than the net profit declared by the assessee.
Interest income of Rs.2509727/- has also been assessed.
Books of accounts of the assessee has been rejected by the AO within the meaning of Section 145(3), however, assessment has been framed u/s 143(3) instead of Section 144, which also makes the assessment erroneous
