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2 results for “condonation of delay”+ Carry Forward of Lossesclear

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Key Topics

Section 26312Section 404Section 143(3)2Addition to Income2

SHRI SACHIDANAND PRASAD,WEST SINGHBHUM vs. SRI MAHABIR PRASAD RUNGTA, PATNA

In the result, appeal of the assessee is dismissed

ITA 131/RAN/2016[2012-13]Status: DisposedITAT Ranchi25 May 2018AY 2012-13

Bench: Shri N.S.Saini & Shri Pavan Kumar Gadalea.Y. : 2012-2013 Sri Sachidanand Prasad, Vs The Principal Cit, 161, Thana No.745, Central, Patna Balijhoran, Nowamundi, West Singhbum-711102 Pan No. : Abwpp 8560 D Respondent (Appellant) .

For Appellant: Shri S.K.Poddar & Devesh Poddar, AdvFor Respondent: Shri D.K.Sutariya, CIT(A), JSR
Section 143(3)Section 263Section 40

loss account under the head transportation /hire charges, therefore, the CIT observed that failure on the part of AO to apply section 40(a)(ia) of the Act has made the assessment order both erroneous and prejudicial to the interest of revenue. Before us the ld. AR could not controvert the finding of the CIT that the order passed

SHRI VIJAY PRASAD,WEST SINGHBHUM vs. PR. CIT, PATNA

In the result, appeal of the assessee is dismissed

ITA 130/RAN/2016[2012-13]Status: DisposedITAT Ranchi25 May 2018AY 2012-13

Bench: Shri N.S.Saini & Shri Pavan Kumar Gadalea.Y. : 2012-2013 Sri Vijay Prasad, Vs The Principal Cit, 161, Thana No.745, Central, Patna Balijhoran, Nowamundi, West Singhbum-711102 Pan No. : Ailpp 0228 L Respondent (Appellant) .

For Appellant: Shri S.K.Poddar & Devesh Poddar, AdvFor Respondent: Shri D.K.Sutariya, CIT(A), JSR
Section 143(3)Section 263Section 40

loss account under the head transportation /hire charges, therefore, the CIT observed that failure on the part of AO to apply section 40(a)(ia) of the Act has made the assessment order both erroneous and prejudicial to the interest of revenue. Before us the ld. AR could not controvert the finding of the CIT that the order passed