INCOME TAX OFFICER-1, MORENA vs. SHRI AGRASEN LOGISTICS, JOTAI ROAD, PORSA,
In the result, the appeal of the Revenue is dismissed
ITA 108/AGR/2025[2022-23]Status: DisposedITAT Agra24 Jun 2025AY 2022-23
Bench: Shri Sunil Kumar Singh & Shri Manish Agarwal
Section 143(2)Section 143(3)Section 250Section 68
bogus in nature as the creditworthiness of the creditors was not proved.
Thereafter, the assessment was completed at a total income of Rs.
17,02,25,505/- after making addition by holding the unsecured loans as
unexplained cash credits u/s 68 of the Act. Against such order the assessee filed
appeal before the ld. CIT(A) who vide impugned order
