147 of Income Tax Act, 1961 (in short 'Act') dated\n27.03.2022.\n4.\nBriefly stated the facts of the case are that, the assessee being a company,\nwhich is engaged in trading of steel bars, TMT etc., filed its return of income\nfor the A.Y. 2015-16 on 24.02.2016 declaring a total income of Rs.44,51,000/-.\nIt was noticed