NEO STRUCTO CONSTRUCTION PVT. LTD.,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), SURAT NOW THE ACIT, CIRCLE-3(1)(1), AHMEDABAD
In the result the appeal of the assessee is hereby allowed
ITA 351/AHD/2023[2012-13]Status: DisposedITAT Ahmedabad07 May 2024AY 2012-13
Bench: Shri Waseem Ahmed & Ms. Madhumita Royआयकरअपीलसं./ Ita No. 351/Ahd/2023 धििाधरणवरध/Asstt. Year: 2012-2013 Neo Structo Construction Pvt. Ltd., The Acit, 101-104, Gcp Business Centre, Vs. Circle-1(1)(1), Opp. Memnagar Fire Station, Surat. Vijay Cross Road, Now Ahmedabad. The Acit, Circle-3(1)(1), Ahmedabad. Pan: Aaacn7717N & आयकरअपीलसं./ Ita No. 496/Ahd/2023 धििाधरणवरध/Asstt. Year: 2012-2013 The D.C.I.T, Neo Structo Construction Pvt. Ltd., Circle-3(1)(1), Vs. 101-104, Gcp Business Centre, Ahmedabad. Opp. Memnagar Fire Station, Vijay Cross Road, Ahmedabad.
For Appellant: Shri Dhinal Shah, ARFor Respondent: Shri Sudhendu Das, CIT. DR
Section 143(3)
20 parties. However, the assessee did not explain the reason for such consolidated transfer and failed to submit any evidence to establish that the amount of Rs. 37.5 lakh credited in standard chartered bank was included in the amount of Rs. Rs. 61,99,514/- debited in IDBI bank.
3.1
Regarding deposit of Rs. 75 Lakh dated
