M/S G G OILS & FATS PVT.LTD ,BATHINDA vs. DEPUTY COMMISSIONER OF INCOME TAX, BATHINDA
In the result, the assessee’s appeal is dismissed
ITA 508/ASR/2017[2014-15]Status: DisposedITAT Amritsar05 Jul 2019AY 2014-15
Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi. T. A. No. 508/Asr/2017 Assessment Year: 2014-15
For Appellant: Sh. P. N. Arora &For Respondent: Sh. Charan Dass (D.R.)
Section 143(3)Section 2(18)Section 2(22)(e)Section 56
288 (Punj)(FB)) was affirmed. Where, then, one may ask, is there any scope for an argument, introducing the notion of ‘misuse’ of funds belonging to the payer-company, so that where such misuse is not shown
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G. G. Oils & Fats Pvt. Ltd. v. Dy. CIT
– transferring, by implication, the onus of so showing on the Revenue, the section