BALKRISHNA BHALOTIA CONSTRUCTION PRIVATE LIMITED,JAMUI vs. PCIT CENTRAL, PATNA

In the result, the appeal of the assessee is allowed

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

270A has been initiated separately on this point for misreporting of income”. 5. The ld. Pr. CIT has perused the record and formed an opinion that this assessment order is erroneous and prejudicial to the interest of revenue. Therefore, he took cognizance under section 263. The show-cause notice issued upon the assessee under section 263 is placed on record

MAHANT PANDEY,ROHTAS vs. NFAC, DELHI

In the result, both the appeals filed by the assessee are partly allowed for statistical purposes