ASHOK KUMAR,BHOJPUR vs. ITO, WARD-1, ARA
In the result, the appeal of the assessee is partly allowed as indicated above
ITA 259/PAT/2018[2010-11]Status: DisposedITAT Patna10 Apr 2024AY 2010-11
Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad
Section 142(1)Section 143(2)Section 148Section 40
132 Taxman 640 (Delhi) and P. Venkanna v. CIT
[1969] 72 ITR 328 (Mys.) it has been categorically held that a best judgement assessment based on past years results is valid and not arbitrary.
8. The ITAT Amritsar Bench in the case Of Bathinda
Truck Operator Union V. Income-Tax Officer Ward-1 (3)
[2007] 158 Taxman
