THE WAGRA TALUKA CO. OPERATIVE MARKETING & PROCESSING SOCIETY LTD.,BHARUCH vs. ITO, WARD-1(5), BHARUCH
In the result, the grounds of appeal raised by the assessee are allowed
ITA 199/SRT/2020[2016-17]Status: DisposedITAT Surat08 Sept 2022AY 2016-17
Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Physical Hearing) The Wagra Taluka Co-Operative I.T.O. Marketing & Processing Society Ward 1(5), Vs. Limited, Bharuch. At & Post:Wagra, Taluka- Wagra, District - Bharuch (Gujarat). M. No. 8128950676 E.Mail: Mrmconsultants@Yahoo.Com Pan: Aaaat 2404 N Appellant/ Assessee Respondent/ Revenue
Section 154Section 254(1)
55A of the Act by DVO. On the reference under Section 142A, the assessee submitted that prior to insertion of Section 142A, there was no specific provision for reference to DVO for estimating the cost of construction of a property/investment, the Assessing Officer were exercising power of summon under Section 131, survey under Section 133 or power of enquiry under