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Section 684 Section 1442 Section 1482 Bogus/Accommodation Entry2 Unexplained Cash Credit2 Reopening of Assessment2 TDS2 Addition to Income2

AKAR LAMINATORS LIMITED,AHMEDABAD vs. THE ITO, WARD-1(1)(1) (ASSTT. ORDER PASSING AUTHORITY) DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(1)(1) (CURRENT JURISDICTION), AHMEDABAD, AHMEDABAD

In the result, the appeal filed by the assessee is allowed

ITA 716/AHD/2023[2012-13]Status: DisposedITAT Ahmedabad17 May 2024AY 2012-13

Bench: Shri Waseem Ahmed & Shri T.R. Senthil Kumar

For Appellant: Shri Sunil Talati, A.RFor Respondent: Shri H. Phani Raju, CIT D.R. & Ms. Saumya Pandey

Section 144Section 148Section 68

TDS if any etc. However, the assessee only furnished a ledger copy of the impugned party. As per the ledger copy, the assessee has shown an opening receivable balance of Rs. 3,98,24,625/- only and from 1st April 2011 to 30th ITA nos.716&717/AHD/2023 Asstt. Years- 2012-13 & 2017-18 3 November 2011, the assessee has shown sales

AKAR LAMINATORS LIMITED,AHMEDABAD vs. THE ITO, WARD-1(1)(1) (ASTT. ORDER PASSSING AUTHORITY) DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(1)(1) (CURRENT JURISDICTION), AHMEDABAD, AHMEDABAD