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