ACIT, CIRCLE-2, PATNA vs. SHREE NANAK FERRO ALLOYS PVT LTD, JAMSHEDPUR
In the result, the appeal of the Revenue is dismissed
ITA 249/PAT/2019[2013-14]Status: HeardITAT Patna09 Dec 2025AY 2013-14
Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am Shree Nanak Ferro Alloys Pvt. Ltd. Acit, Circle-2 Room No.205, 2Nd Floor, Avrtar Acit, Circle-2, Patna, Bihar Vs. Building, Bisturpur, Jamshedpur, Jharkhand (Appellant) (Respondent) Pan No. Aaics1706N Assessee By : S/Shri A.K. Rastogi Rakesh Kumar, Ar Revenue By : Shri Md Ah Chowdhary, Dr Date Of Hearing: 27.11.2025 Date Of Pronouncement: 09.12.2025
For Appellant: S/Shri A.K. RastogiFor Respondent: Shri MD AH Chowdhary, DR
Section 139Section 139(1)Section 143(2)Section 143(3)Section 147Section 148Section 68
41,29,400/- and second of ₹1,74,98,000/-. Finally, the said amounts were treated as unexplained cash credit by rejecting the plea of the assessee and added as unexplained cash credit under Section 68