INCOME TAX OFFICER-1, MORENA vs. SHRI AGRASEN LOGISTICS, JOTAI ROAD, PORSA,

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sunil Kumar Singh & Shri Manish Agarwal

purchased the property but could not sale during the year under consideration. 2. The case of the assessee was selected for scrutiny and specific issue relating to 'High liabilities in the form of 250 Loan creditors' was pointed out by Ld. AO which amounts to Rs. 17,02,25,505/- 3. The assessee during the course of assessment proceedings filed

AGRA DEVELOPMENT AUTHORITY,AGRA vs. DCIT., CIRCLE-1, AGRA

The appeals of the assessee are allowed and the appeal of the revenue is dismissed