Processors Ltd. v. DCIT CIT(A)

57 TTJ 120Income Tax Appellate Tribunal1997#6229 most cited
19

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2021 to 2021.

Issues it is cited on

section 31paper companysection 251(2)share capital and share premiumsource of sourcecreditworthiness of the creditorsection 251(1)(a)live linkadmission of additional evidenceentry operatorshare application moneyaddition u/s 68

Judgments citing Processors Ltd. v. DCIT CIT(A)

KASPER INFORMATION TECHNOLOGY PVT. LTD.,NEW DELHI vs. ITO WARD-14(2), NEW DELHI

ITA 9357/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO WARD - 14(2), NEW DELHI vs. KASPER INFORMATION TECHNOLOGY PVT LTD, NEW DELHI

ITA 9287/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO WARD - 13(3), NEW DELHI vs. JINGLE BELLS ALUMINIUM PVT. LTD., NEW DELHI

ITA 5527/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

JINGLE BELLS ALUMINIUM,NEW DELHI vs. ITO WARD - 13(3), NEW DELHI

ITA 5397/DEL/2019[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

KASPER INFORMATION TECHNOLOGY P.LTD,NEW DELHI vs. ITO, WARD-14(2), NEW DELHI

ITA 510/DEL/2019[2013-14]Status: DisposedITAT Delhi18 Mar 2021AY 2013-14

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

LANDSKY REAL ESTATES P.LTD,NEW DELHI vs. ITO, WARD-15(1), NEW DELHI

ITA 509/DEL/2019[2013-14]Status: DisposedITAT Delhi18 Mar 2021AY 2013-14

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, WARD-7(1), NEW DELHI vs. DELIGHT RESORTS P.LTD, GHAZIABAD

ITA 6401/DEL/2017[2014-15]Status: DisposedITAT Delhi18 Mar 2021AY 2014-15

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, WARD-7(1), NEW DELHI vs. DELIGHT RESORTS P.LTD, NEW DELHI

ITA 5974/DEL/2017[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

M/S GLOBUS REAL INFRA PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

ITA 2920/DEL/2017[2013-14]Status: DisposedITAT Delhi18 Mar 2021AY 2013-14

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ACIT, NEW DELHI vs. M/S. STAR LIGHT CONSUMER ELECTRONICS PVT. LTD., NEW DELHI

ITA 6070/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ACIT, NEW DELHI vs. M/S. SUPERSTAR AGENCY PVT. LTD., NEW DELHI

ITA 5832/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ACIT, NEW DELHI vs. M/S. SUR BUILDCON PVT. LTD., NEW DELHI

ITA 5831/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S STYLISH CONSTRUCTION PVT. LTD.,, NEW DELHI

ITA 5744/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S. SUKHNA REAL ESTATE PVT. LTD., GHAZIABAD

ITA 5742/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S. SUKHNA STEEL PVT. LTD., NEW DELHI

ITA 5741/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S. SUNLIGHT TOUR AND TRAVELS PVT. LTD., SAHIBABAD

ITA 5740/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S. SINTEX CONSUMERS ELECTRONICS PVT. LTD., DELHI

ITA 5736/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S. SUPREME PLACEMENT SERVICES PVT. LTD., NEW DELHI

ITA 5650/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

ITO, NEW DELHI vs. M/S ANGEL CEMENT PVT. LTD.,, GHAZIABAD

ITA 4691/DEL/2016[2012-13]Status: DisposedITAT Delhi18 Mar 2021AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishi

…ddition enhanced by Rs • Active Traders Pvt Ltd 92 lakhs for routing [1995] 214 ITR 583 (Cal.) transactions. (Para 7.9 & • Sri Krishna V CIT 142 ITR 7.10, page 24) 618 [All] • Rashibari Tobacco Case laws relied upon by the Processors Ltd. V DCIT CIT(A) [1997] 57 TTJ 120 (Ahd.) • RidhiSidhi Commercial • CIT vs. Lovely Exports Co. Ltd V ACIT [1998] 62 Pvt. Ltd. 299 ITR 268 TTJ 710 (Del.) • CIT vs. Kamdhenu • A GovindarajuluMudaliar Steel and Alloys Ltd. V CIT [1958] 34 ITR 807 206 Taxman 254 (SC) • CIT vs. Nova • CIT V Korlay Trading Co. Promoters and Ltd. [1998] 230 ITR 820 Finlease (P) Ltd. (Cal.) • (Delhi HC) CI…

Processors Ltd. v. DCIT CIT(A) (57 TTJ 120) — Cited in 19 Judgments | BharatTax