MESERS G.G CONTINEENTAL TRADES PVT.LTD,BATHINDA vs. DEPUTY COMMISSIONER OF INCOME TAX , CIRCLE-I, BATHINDA

In the result, the appeals of the assessee bearing ITA No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.189/Asr/2018 Assessment Years: 2014-15

142. 6. The ld. AR, Mr. Sudhir Sehgal, Advocatefurther argued and placed that the assessee has a regular business transaction with GAPL. The assessee obtains funds from GAPL as per its own business requirements and the same is advance or repaid to the Company GAPL as per the said Company’s requirement. Further, there being many occasions where there

MEASAGE G. G OILS & FATS PRIVATE LIMITED,BATHINDA vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE- 1 , BATHINDA

In the result, the appeals of the assessee bearing ITA No