SHRI BALBIR SINGH M/S JAIDEEP GIFT CENTRE, TAPTEJ SINGH MARKET ,MOGA vs. ADDITIONAL COMMISSIONER OF INCOME TAX MOGA RANGE , MOGA
In the result, both the appeals filed by the assessee are allowed for
ITA 745/ASR/2017[2011-12]Status: DisposedITAT Amritsar18 Jul 2023AY 2011-12
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. P. N. Arora, AdvFor Respondent: Sh. Radhey Shyam Jaiswal, Sr. DR
Section 143(3)Section 269SSection 269TSection 27Section 271D
deemed dividend and completed the assessment proceedings with assessed income of Rs. 234256/-. During the assessment proceedings Ld. AO never doubted the genuineness of the transactions and all the evidences were produced to the satisfaction of the AO. The Ld. AO never invoked provisions u/s 269SS and 269TT of the Act.
3. The Ld AO referred the case to Addl
