RATHOD JEWELLERS,PUNE vs. ACIT, CENTRAL CIRCLE -2(3), PUNE
In the result, appeal of the assessee is dismissed
ITA 1385/PUN/2024[2017-18]Status: DisposedITAT Pune25 Nov 2024AY 2017-18
Bench: Shri Rama Kanta Panda & Ms. Astha Chandra
For Appellant: Shri Suhas BoraFor Respondent: Shri Arvind Desai, Addl CIT DR
Section 131Section 143(2)Section 143(3)Section 147Section 148Section 68
147 is bad in law and void ab initio on account of following reasons:
i.
The original assessment was completed u/s 143(3) of the Act wherein all the transaction were duly verified.
ii.
There was no tangible and fresh material on record to show that there is escapement of income iii.
The Ld. AO made the addition without
