KROSS LIMITED,JAMSHEDPUR vs. PCIT, RANCHI, RANCHI
In the result, the appeal of the assessee is allowed
ITA 34/RAN/2022[12-13]Status: DisposedITAT Ranchi06 Jun 2023
Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]
Section 133(6)Section 143(3)Section 147Section 148Section 263Section 263(2)Section 56(2)(vii)
56(2)(vii) of the Act.
The ld. Pr. CIT observed that to this extent, the order passed by the Assessing Officer u/s 143(3) r.w.s. 147 of the Act, dt. 25/10/2019, was erroneous and prejudicial to the interest of the revenue. Accordingly, a show cause notice u/s 263 of the Act was issued to the assessee on 20/01/2022 which
