Cit-Ii, Chandigarh v. M/S V.K. Sood Enginners & Contractors, Chd.

1.

Present appeal has arisen out of the order passed by the Assessing Officer (AO), whereby it has revised its earlier assessment order for the year 1993-94, in compliance of the order passed by the CIT under Section 263 of the Income Tax Act, 1961, (for short, 'the Act'). The order passed by the Assessing Officer (AO) was solely based on the directions issued by the CIT, under Section 263 of the Act dated 02.07.1996, and the said order passed by CIT has been set aside by the ITAT, vide its order dated 04.09.2003 which was impugned by the Revenue, and the appeal preferred by the Revenue has been dismissed, and order dated 04.09.2003 passed by the ITAT has been upheld by this Court.

LAVISHA 2024.08.08 10:36 I attest to the accuracy and authenticity of this order/judgment Punjab & Haryana High Court, Chandigarh

3.

Accordingly, present appeal filed by the appellant/Revenue stands dismissed.

4.

Pending miscellaneous application(s), if any, shall also stand disposed of.

LAVISHA 2024.08.08 10:36 I attest to the accuracy and authenticity of this order/judgment Punjab & Haryana High Court, Chandigarh