MITHILESH KUMAR,PATNA vs. DCIT CENTRAL CIRCLE-2, PATNA
In the result, the appeal of the assessee is allowed
ITA 230/PAT/2023[2021-22]Status: DisposedITAT Patna18 Apr 2024AY 2021-22
Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad
Section 127Section 132ASection 133ASection 143(3)Section 153DSection 263
68 to 69D read with Section 115BBE, by colouring the "deemed incomes" as business income. More so, in cases of unaccounted cash and undisclosed investment/expenditure in purchases, and excess stock assessable under section 69A/69B/69C of the Act.
3.2.1. At the outset, all the decisions quoted and relied upon by the assessee, with regard to non-applicability of Section
