M/S KULKARNI & SAHU BUILDCON PVT.LTD.,BHILAI(CG) vs. THE DY. COMMISSIONER OF INCOME TAX 1(1), BHILAI(CG)
In the result, appeal of the assessee is allowed in terms our aforesaid observations
ITA 30/BIL/2016[2012-13]Status: DisposedITAT Raipur12 Dec 2022AY 2012-13
Bench: Shri Ravish Sood & Shri G D Padmahshaliआयकर अपील सं. / Ita No.30/Rpr/2016 "नधा"रण वष" / Assessment Year :2012-13 M/S. Kulkarni & Sahu Buildcon Pvt. Ltd. B-495, Cross Street-25, Smriti Nagar, Bhilai-490020 (C.G.) Pan :Aaeck3160C .......अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax-1(1), Bhilai (C.G.) ……""यथ" / Respondent
For Appellant: Shri Nilesh Jain, CAFor Respondent: Shri Choudhary N.C Roy, Sr. DR
Section 133ASection 143(2)Section 143(3)Section 69
69A fall under the Chapter VI of the Act with sub- head
`Aggregation of income'. From the language of these sections as reproduced supra, it is overt that they deal with deeming unexplained investments and unexplained money etc. as income of the financial year in which the assessee has made unexplained investments or found to be owner of unexplained money
