BADRINATH SALES PRIVATE LIMITED,ADITYAPUR, WEST SINGHBHUM vs. DCIT/ACIT CIRCLE 1 JSR, JAMSHEDPUR
In the result, the appeal of the assessee is allowed
ITA 414/RAN/2025[2011-12]Status: DisposedITAT Ranchi13 Feb 2026AY 2011-12
Section 131Section 133ASection 143(3)Section 145(3)Section 147Section 148Section 250
131 of the Act. A stock register was stated to have been produced\nsubsequently. As per the return of income, the assessee had disclosed\nclosing stock of ₹23,49,500. The Assessing Officer observed that turnover\nhad substantially declined as compared to earlier years. It was further\nnoticed that during the financial year relevant to AY 2011–12, the\nassessee
