ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), RAIPUR vs. MANAV MOTORS, RAIPUR
In the result, appeal of the revenue is disposed-off, in terms of our aforesaid observations
ITA 151/RPR/2022[2017-18]Status: DisposedITAT Raipur30 Nov 2023AY 2017-18
Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am (Ita No. 151/Rpr/2022) (Assessment Year: 2017-18)
For Appellant: Shri Ravi Agrawal, CAFor Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 143(3)Section 250Section 253(5)Section 269SSection 270A(2)(a)Section 68
section 115BBE of the Act.
4. Aggrieved with the aforesaid observations and the order passed by the Ld. AO, assessee preferred an appeal before the Ld. CIT(A), NFAC,
Wherein Ld. CIT(A), NFAC has approved the contentions of the assessee with the observation that the onus cast on the appellant has been discharged, consequently, the addition u/s 68
