ACIT, CIRCLE 25(1), DELHI vs. VINOD RICE MEAL PVT. LTD. , DELHI
In the result, the appeal of the Revenue is dismissed
ITA 2048/DEL/2021[2012-13]Status: DisposedITAT Delhi04 Apr 2024AY 2012-13
Bench: Dr. B. R. R. Kumarms. Astha Chandra
For Appellant: Sh. K. Sampath, Adv. &For Respondent: Sh. Amit Katoch, Sr. DR
Section 133(6)Section 68
…receipts are of an assessable nature.” v) Nizam Wool Agency Vs. CIT (1992) 193 ITR 318 (Ail):- “That mere payment by an account payee cheques is not sacrosanct nor can it make a non genuine transaction genuine.” vi) CIT Vs. Korlay Trading Co. Limited [1998] 230 ITR 820 (Cal.):- “That mere filing of income tax file numbers of the creditors is not enough to prove the genuineness of the credits.” vii) a) Bharati Private Limited vs. CIT [1978] 111 ITR 951 (Cal.) and b) CIT Vs. United Commercial & Industrial Co. Private Limited [1991] 187 ITR 596 (Cal.):- “That mere tiling of confirmatory letters does not discharge…
