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

In the result, appeal of the assessee is dismissed

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) .

Delay condoned. In all these cases, we find that the Commissioner of Income Tax had passed an order under Section 263 of the Income Tax Act, 1961 with the observations that the Assessing Officer did not make any proper inquiry while making the assessment and accepting the explanation of the assessee(s) insofar as receipt of share application money