SANJAY TIWARI,GORAKHPUR vs. INCOME TAX OFFICER, WARD - 2(1), GORAKHPUR
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 22/VNS/2021[2015-2016]Status: DisposedITAT Varanasi13 Feb 2023AY 2015-2016
Bench: Shri. Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2015-16 Sanjay Tiwari V. The Ito Prop. Tiwari Automobiles Ward 2(1) Bewari Chowk, Gola Bazar Gorakhpur Gorakhpur Pan:Agupt4822H (Appellant) (Respondent) Appellant By: None Respondent By: Shri A. K. Singh, D.R. Date Of Hearing: 09 02 2023 Date Of Pronouncement: 13 02 2023 O R D E R
For Appellant: NoneFor Respondent: Shri A. K. Singh, D.R
Section 142(1)Section 143(2)Section 144Section 144ASection 271B
section 144 of the Act on 23.12.2017, whereby the income of the assessee was assessed by applying the net profit rate @ 8%
on the total deposits in the Bank account of the assessee to the tune of Rs.1,08,62,500/-. Thus, the Assessing Officer has assessed the total income of the assessee at Rs.8.69 lakhs as against the returned
