SHRI GURIQBAL SINGH,GURDASPUR vs. INCOME TAX OFFICER WARD -1, BATALA
In the result, the appeal of the assessee is partly allowed for statistical purposes
ITA 782/ASR/2017[2013-14]Status: DisposedITAT Amritsar20 Mar 2019AY 2013-14
Bench: Sh. N. S. Saini & Sh. N. K. Choudhryita No. 782/Asr./2017 : Asstt. Year : 2013-14 Sh. Guriqbal Singh, Vs Income Tax Officer, Prop. M/S K. P. Rice Mills, Ward-1, Razdan Road, Qadian, Batala Gurdaspur-143516, Punjab (Appellant) (Respondent) Pan No. Aitps1996E Assessee By : Sh. P. N. Arora, Adv. Revenue By : Ms. Shivani Bansal, Dr Date Of Hearing :22.02.2019 Date Of Pronouncement : 22.03.2019 Order Per N. S. Saini: This Is An Appeal Filed By The Assessee Against The Order Of Cit(A)-I, Amritsar Dated 31.10.2017. 2. Ground Nos. 1, 2 & 5 Are General In Nature & Hence Does Not Require Separate Adjudication By Us.
For Appellant: Sh. P. N. Arora, AdvFor Respondent: Ms. Shivani Bansal, DR
Income Tax (Appeals) considering the submissions held as under:
ITA No. 782/Asr./2017
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Guriqbal Singh
“I have considered the assessment order and the written submission of the appellant and find considerable weight on the arguments of the AO for making the addition of Rs. 20 lakh by treating the so-called unsecured loan received from Sh. Tejinder
Pal Singh