KARAN TEJRAJ BUILDERS,PUNE vs. PR. COMMISSIONER OF INCOME-TAX -2 , PUNE
Appeal is partly allowed in above terms
ITA 428/PUN/2020[2010-11]Status: DisposedITAT Pune29 Aug 2022AY 2010-11
Bench: Shri S.S.Godara, Jm & Shri Dr. Dipak P. Ripote, Am आयकर अपीऱ सं. / Ita No.428/Pun/2020 ननधधारण वषा / Assessment Year : 2010-11 M/S. Karan Tejraj Builders, Unit 501, Karan Tej Bonita, Cts No. 1187/16, Off Ghole Road, Pune – 411 005. .......अपऩलधथी / Appellant Pan : Aaifk1891P
For Appellant: Shri S.N.PuranikFor Respondent: Shri Sunil Kumar
Section 139(1)Section 143(3)Section 148Section 263Section 80I
184/-. In the Profit & Loss
Account of the assessee, the sale of flat to the tune of Rs. 25,00,000/- was not recorded by the assessee and the same was only unearthed during the course of search action.
5. Accordingly, a notice u/s. 263 dated 27.12.2019 was issued and duly served on the assessee firm. In response to that
