INCOME TAX APPELLATE TRIBUNAL (JAIPUR BENCH)
Rathod Kamlesh Jayantbhai, AM, Dr. S. Seethalakshmi, JM
VENKATESHWARA WIRES PVT. LTD. JAIPUR – Appellant
Versus
ASSISTANT COMMISSIONER OF INCOME TAX JAIPUR – Respondent
| Table of Content |
|---|
| 1. factual background regarding the assessee's income and assessment. (Para 1 , 3 , 5) |
| 2. arguments presented by the assessee regarding the assessment and additional evidence. (Para 2 , 4 , 6 , 7 , 8 , 9 , 10) |
| 3. final conclusion to allow the appeal and delete the additions. (Para 11) |
ORDER
PER: RATHOD KAMLESH JAYANTBHAI, AM
Because the above named assessee aggrieved by the order of National Faceless Appeal Centre, Delhi [ for short NFAC/CIT(A) ] dated 13/03/2024 for assessment year 2018-19, the present appeal is filed. That order of the ld. CIT(A) arises because the assessee has challenged the finding of the National e-Assessment Centre, Delhi [ for short NeAC or ld. AO ] vide order dated 24.03.2021 which was passed under section 143(3) of the Income Tax Act [ for short Act ].
2. In this appeal, the assessee has raised following grounds: -
“1. In the facts and circumstances of the case the ld. CIT(A) has erred in confirming the addition of Rs. 1,95,25,000/- u/s 68 of the Income Tax Act, 1961 without considering the evidences filed before the ld. AO as well as before the ld. CIT(A) as the documents submitted was only in support of confirmations and other documents alread
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