D.C.I.T., CIRCLE-2, GWALIOR vs. M/S PREM MOTORS PVT LTD., GWALIOR
The appeals of the department are dismissed
ITA 327/AGR/2014[2010-11]Status: DisposedITAT Agra16 Nov 2017AY 2010-11
Section 2(22)(e)Section 22Section 40A(2)(b)
40A(2)(b) of the Income Tax Act,
1961?”
3.0
Apropos ground No. 1,the CIT(A) deleted the addition of Rs.
3,79,12,500/- made by the Assessing Officer u/s 2(22)(e) of the
Income Tax Act, 1961 on account of the amounts / advances
received by the assessee from M/s Tanushka Automobiles Pvt Ltd.
and M/s Vinayaka
