M/S NORTH BIHAR DISTRIBUTOR,PURNEA vs. ITO, WARD-3(1), PURNEA
In the result, appeals of the assessee are dismissed
ITA 48/PAT/2020[2013-14]Status: DisposedITAT Patna22 May 2023AY 2013-14
Bench: Shri Rajpal Yadav & Shri Girish Agrawal
For Appellant: Shri R. K. Jha, CAFor Respondent: Shri Rupesh Agrawal, Sr. DR
Section 143(3)Section 250Section 271(1)(c)Section 271BSection 44A
68,199/- has been claimed, reporting Rs. 1,295/- as total income for the year under consideration.
5.2. Ld. AO drew attention to the provisions of section 44AD(5) according to which if an assessee claims that the profits from the business are lower than the profits and gains as specified in sub section (1) then, the assessee
