Accordingly, the grounds raised by the assessee are allowed for statistical purposes
Bench: Shri R.K. Panda & Ms. Astha Chandra
194C of the Act. This fact has not been disputed by the Ld. AO in his remand report. We also observe that the Ld. AO has estimated income @ 25% on ad hoc basis on the entire deposits including the receipts on which the TDS was duly deducted which has resulted into double taxation as contended