GHANSHYAM SHARMA,,RAJASTHAN vs. PRINCIPAL COMMISSIONER OF INCOME TAX - 1, , VISAKHAPATNAM
In the result, appeal of the assessee is dismissed
ITA 461/VIZ/2017[2008-2009]Status: DisposedITAT Visakhapatnam18 Apr 2018AY 2008-2009
Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अऩीऱ सं./I.T.A.No.461/Viz/2017 (ननधधारण वषा/Assessment Year:2008-09) Ghanshyam Sharma Vs. The Principal Commissioner Jakhal Vill & Post Of Income Tax-1 Jhunjhunu District Visakhapatnam Rajasthan – 333 305 [Pan :Abups5701R] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अऩीऱधथी की ओर से/ Appellant By : Shri R.Venkat Raman, Ar प्रत्यथी की ओर से / Respondent By : Shri T.S.N.Murthy, Dr सुनवधई की तधरीख / Date Of Hearing : 12.04.2018 घोषणा की तारीख/Date Of Pronouncement : 18.04.2018
For Appellant: Shri R.Venkat Raman, ARFor Respondent: Shri T.S.N.Murthy, DR
Section 143(3)Section 147Section 148Section 194Section 194CSection 194C(3)(i)Section 263Section 3Section 40
reassessment u/s 143(3) r.w.s. 147 on 23.03.2015 by making the addition of Rs.1,44,139/-. The Ld. Pr.CIT has taken up the assessment order passed u/s 143(3) r.w.s.147 dated 23.03.2015 for revision u/s 263 and observed that the assessee made the contract payments/credited amounts in excess of Rs.50000/- in aggregate to a single party / single lorry and attract
