In the result, appeal filed by the revenue is dismissed
Bench: Shri R. K. Panda & Ms. Suchitra Kambleassessment Year : 2006-07 Dcit- 2(1), Abhishek Atlani, Raipur (Cg). Atlani Bunglow, Khamardih Road, Vs. Shankar Nagar, Raipur (Cg).
153C on 12.03.2013 declaring total income of Rs.3,74,960/-. 3. During the course of assessment proceedings, the Assessing Officer observed that the assessee is related to one business concern namely M/s. Aarti Infrastructure & Buildcon Ltd. which is a company engaged in construction and sale of flats/shops, sale of lands and execution of government contracts. The assessee was a Director