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2022 (5) TMI 1126 - AT - Income TaxNet profit estimation - CIT(A) re-computing the net profit of the assessee - AO in the absence of books of account and documents and required verification etc. re-computed the net profits of the assessee against nil income by disallowing the deduction claimed by the assessee u/s. 80IC - HELD THAT:- We find that the Tribunal in the bunch of appeals with lead case DCIT vs M/s. Parasnath Coke Industries [2022 (3) TMI 1375 - ITAT KOLKATA] has restored the matters for de novo assessment. Thus facts and issues involved in the captioned appeals being identical to the aforesaid case and as also requested by both the ld. representatives of the parties, the matter in these appeals is also restored to the file of the AO for de novo assessment in each case.
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