M/S. PINKU BATRA ,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-II, JALANDHAR
In the result, the particular issue u/s 153C of the Act related in ITA
ITA 322/ASR/2017[2009-10]Status: DisposedITAT Amritsar11 Aug 2022AY 2009-10
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 144Section 153A
deemed dividend such shares invested by the assessee to the company where he has the substantial interest. This particular investment is reflected in the books of account of the assessee. There is coherent relation in between company and assessee. The counsel of the assessee filed an
additional ground which is under adjudication. The ld CIT-DR vehemently opposed& pointed