PROGRESSIVE LIFE SCIENCES PVT. LTD.,PATNA vs. ASSISTANT COMMISSIONER OF INCOME TAX DC/AC, CIRCLE 1, PATNA
In the result, the appeal filed by the assessee is dismissed
ITA 492/PAT/2022[2012-13]Status: DisposedITAT Patna27 Dec 2024AY 2012-13
Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 492/Pat/2022 Assessment Year: 2012-2013 Progressive Life Sciences Pvt. Limited,………Appellant Trimurti Palace, Murgi Bagicha, Exhibition Road, Patna-800001, Bihar [Pan:Aaecp0409P] -Vs.- Assistant Commissioner Of Income Tax,.….Respondent Dc/Ac, Circle-1, Patna, Lok Nayak Bhawan, Dak Bangalow Road, Patna-800001, Bihar Appearances By: N O N E, Appeared On Behalf Of The Assessee Shri Ashwani Kr. Singal, Jcit, Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: December 5, 2024 Date Of Pronouncing The Order: December 27, 2024 O R D E R
Section 144Section 147Section 148Section 68
section 68 of the Income Tax Act. Aggrieved by the order of
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Progressive Life Sciences Pvt. Ltd.
ld. Assessing Officer, the assessee preferred an appeal before the ld. CIT(Appeals).
5. After considering the submissions made by the assessee, the ld. CIT(Appeals) dismissed the appeal of the assessee by observing as under:-
During the appellate proceedings