ACIT, NEW DELHI vs. SHRI VIKRANT PURI, NEW DELHI
In the result, the Revenue’s Appeal stands dismissed
ITA 3377/DEL/2011[2007-08]Status: DisposedITAT Delhi28 Mar 2016AY 2007-08
Bench: Shri H.S. Sidhu & Shri O.P. Kanta.Y. 2007-08 Assistant Commissioner Of Income Tax Vs. Shri Vikrant Puri, Central Circle-13, New Delhi A-1/36, Panchsheel Enclave, New Delhi (Pan:Afypp9110K) (Appellant) (Respondent)
For Appellant: Sh. V.K. Agarwal, ARFor Respondent: Sh. Amit Mohan Govil, CIT(DR)
Section 127(2)Section 132Section 142(1)Section 143(2)Section 143(3)
…mount is received by Alc Payee cheque indicating cheque no, amount, bank account no. as well as name and address of the bank. This view is fully supported by the judgment of Hon'ble Delhi High Court in the case of CIT vs. Kishori Lal construction Ltd., [2010] 5 Taxmann.com 60 (Delhi), the relevant extract from which is reproduced hereunder: - "After considering the arguments of both the sides, we find ourselves in favour of the submission made by learned counsel for the respondent. As mentioned above the assessee had produced the following which would clearly demonstrate it has discharged its initial burden: (a)…