Bhav Shakti Steel Mines (P.) Ltd. v. Commissioner of Income-tax
179 Taxmann 25High Court2009#3730 most cited
What is Bhav Shakti Steel Mines (P.) Ltd. v. Commissioner of Income-tax authority for?
The High Court may reject an appeal by the revenue against the deletion of an addition by the CIT(A) if the CIT(A) has considered in detail the case of each shareholder and concluded that the identity, creditworthiness of shareholders, and genuineness of transactions are established.
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judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2012 to 2025.
Also referred to as
Bhav Shakti Steel Mines · CIT(A) · addition deletion · shareholder identity · creditworthiness · genuineness of transactions · appeal by revenue · Delhi HC
Also reported as
17 DTR 224320 ITR 619