RAJNANDGAON PETROL SERVICE, RAJNANDGAON,RAJNANDGAON vs. ACIT, CIRCLE-2(1), BHILAI, DURG
In the result, appeal of the assessee is allowed in terms of the aforesaid observations
ITA 553/RPR/2024[2017-18]Status: DisposedITAT Raipur20 Jan 2025AY 2017-18
Bench: Shri Ravish Soodआयकर अपील सं. / Ita No.553/Rpr/2024 "नधा"रण वष" / Assessment Year : 2017-18 Rajnandgaon Petrol Service Partner : Kulwant Singh Bhatia, Pendri, G.E. Road, Rajnandgaon (C.G.)-491 441 Pan: Aagfr7601E .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Circle-2(1), Bhilai (C.G.) ……""यथ" / Respondent
For Appellant: None (written submission)For Respondent: Smt. Anubhaa Tah Goel, Sr. DR
Section 143(2)Section 143(3)Section 37(1)
Section 37(1) of the Income
Tax Act, 1961. 7. The learned Addl.CIT(A) overlooked binding judicial precedents on the need for specific findings or corroborative evidence for sustaining disallowances.”
2. Succinctly stated, the assessee firm had e-filed its return of income for A.Y.2017-18 on 12.03.2018, declaring an income of Rs.17,25,670/-.
Subsequently, the case of the assessee
