AMUL FEED PRIVATE LIMITED,PATNA vs. ITO WARD 2(1), PATNA, PATNA
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 184/PAT/2025[2017-18]Status: HeardITAT Patna23 Jul 2025AY 2017-18
Bench: Shri Sonjoy Sarma & Shri Rakesh Mishrai.T.A. No.184/Pat/2025 Assessment Year: 2017-18 Amul Feed Pvt. Ltd……………….....…..…………………....Appellant Shakti Punj, Ashoka Vihar Biscomaum Colony, Patna, Bihar - 800007. [Pan: Aafca0769E] Vs. Ito, Ward-2(1), Patna.……….…............................…..…..... Respondent Appearances By: Shri Manish Kumar, Ar, Appeared On Behalf Of The Appellant. Shri Ashwani Kr. Singhal, Jcit, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : July 22, 2025 Date Of Pronouncing The Order : July 23, 2025 आदेश / Order Per Sonjoy Sarma: This Appeal Has Been Filed By The Assessee Against The Order Passed By The Learned Nfac ["Cit(A)"] For The Assessment Year 2017- 18. 2. Brief Facts Of The Case Are That The Assessing Officer Passed An Assessment Order Under Section 143(3) Of The Income-Tax Act, 1961 ("The Act") Making An Addition Of Rs.1,37,39,437 As Unexplained Cash Credit Under Section 69A Of The Act, Invoking The Provisions Of Section 115Bbe Of The Act. The Assessing Officer Further Made Another Addition Of Rs.1,00,88,000 As Unexplained Credit Under Section 68 Of The Act, Again Invoking Section 115Bbe & Taxing The Same At The Rate Of 60%. 3. Aggrieved By The Said Assessment Order, The Assessee Preferred An Appeal Before The Cit(A). However, The Appeal Of The Assessee Was Dismissed Ex Parte For Non-Compliance With The Notices Issued By The
Section 115BSection 143(3)Section 68Section 69A
cash credit under section 69A of the Act, invoking the provisions of section 115BBE of the Act. The Assessing Officer further made another addition of Rs.1,00,88,000 as unexplained credit under section 68
