THE INCOME TAX OFFICER WARD, 2, RAIGARH(CG) vs. SHRI SHRI BISHAMBHAR DAYAL AGRAWAL, JASHPUR (C.G.)
The appeal of the revenue is dismissed in terms of our aforesaid observations
ITA 223/BIL/2016[2010-11]Status: DisposedITAT Raipur27 Oct 2023AY 2010-11
Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No. 223/Rpr/2016 "नधा"रण वष" / Assessment Year : 2010-11 The Income Tax Officer-2, Raigarh (C.G.)
For Appellant: Shri Veekaas S Sharma, CAFor Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 143(3)Section 147Section 41(4)Section 69
747/- that was received as a refund of the performance guarantee from
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ITO-2, Raigarh Vs. Shri Bishambhar Dayal Agrawal
PWD, Bridge Division, Bilaspur during the year was accounted for by him as his income for the year under consideration.
5. The A.O., after deliberating at length on the explanation of the assessee to justify his practice of debiting/charging
