In the result, the appeal of the assessee is allowed
Bench: Shri. B. R. Baskaran & Shri Amit Shuklaassessment Year:2018-19 M/S Kahm Properties Pvt. Ltd. V. The Dc/Acit B-21/192, Kamaccha Central Circle Varanasai Varanasi Tan/Pan:Aacck7739F (Appellant) (Respondent) Appellant By: Shri V. K. Jindal Respondent By: Shri A. K. Singh, D.R. Date Of Hearing: 26 09 2023 Date Of Pronouncement: 29 09 2023
133A of the Act, the assessee had offered additional income of Rs.15,89,684/- on account of undisclosed rent. Though the time limit for filing the revised return had expired, but the assessee had offered the amount and paid due tax thereon prior to commencement of any proceedings by the Assessing Officer, i.e., notice under section