BISHNU TRANSPORT COMPANY,DHANBAD vs. DCIT/ACIT, CIRCLE-1,, DHANBAD
In the result, the appeal of the assessee is allowed
ITA 401/RAN/2024[2011-12]Status: DisposedITAT Ranchi06 Jan 2026AY 2011-12
Bench: SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI RATNESH NANDAN SAHAY (Accountant Member)
Section 143(3)Section 147Section 148Section 151Section 151oSection 68
68 of the Act on account of unsecured loans, rejected the books of account and estimated profit at the rate of 8%, made further additions of ₹1,21,499 on account of sundry receipts, and ₹46,089 on account of profit on sale of assets.
3. Aggrieved, the assessee preferred an appeal before the learned
CIT(A). The learned
