Same cannot be assessed both in the hands of AOP and in Individual capacity of Assessee

Hanuman Singh Vs Income Tax Officer (ITAT Jaipur)

The ld AR submitted that a consolidated audit of all the shops to whom license was granted by the Excise department, was carried out at Udaipur by the Chartered Accountant and a consolidated audit report was furnished by him in the name of AOP M/s Umrao Singh & Party (Kota Bundi) group, Udaipur. The consolidated audit report was prepared after taking into account all relevant factors of the assessee as well as of other license holders. The consolidated repo

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