RAJEEV RANJAN,NALANDA vs. I.T.O., WARD 2(3), BIHARSHARIF
In the result, the appeal of the assessee is allowed
ITA 123/PAT/2017[2010-11]Status: DisposedITAT Patna16 Mar 2018AY 2010-11
Bench: Sh. N. K. Sainiita No. 123/Pat./2017 : Asstt. Year : 2010-11 Rajeev Ranjan, Vs Income Tax Officer, S/O Sita Ram Singh, Garhpar, Ward-2(3), Bihar Sharif, Nalanda-803101 Bihar Sharif (Appellant) (Respondent) Pan No. Agcpr5450R Assessee By : Sh. A. K. Rastogi & Sh. Rakesh Kumar, Advs. Revenue By : Sh. Abhay Kumar, Sr. Dr Date Of Hearing : 14.03.2018 Date Of Pronouncement : 16 .03.2018 Order This Is An Appeal By The Assessee Against The Order Dated 30.06.2017 Of Ld. Cit(A)-1, Patna.
For Appellant: Sh. A. K. Rastogi &For Respondent: Sh. Abhay Kumar, Sr. DR
Section 139(1)Section 143(3)Section 144Section 147Section 148Section 234B
reassessment proceedings were undertaken. He further observed that the AO had clearly recorded his reasons in respect of escapement of income for investment in land which had escaped assessment. Therefore, the initiation of proceedings u/s 148 of the Act was legally valid.
ITA No. 123/Pat./2017
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Rajeev Ranjan
7. Now the assessee is in appeal. The ld. Counsel
