THE INCOME TAX OFFICER, SAMBA vs. SH. ASHOK KUMAR SHARMA, SAMBA
In the result, the appeal of the revenue in Ground nos
ITA 475/ASR/2016[2013-14]Status: DisposedITAT Amritsar17 Jul 2023AY 2013-14
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.475/Asr/2016 Assessment Year: 2013-14
Section 143(3)Section 250(6)Section 40Section 80I
68 of the Income-tax Act, 1961 - Cash credits - Assessment year 2000-01
- Assessee had taken loans from various persons - Assessing Officer made addition treating said loans as undisclosed income of assessee on ground that creditworthiness of creditors could not be established by assessee - On appeal,
Tribunal found that assessee had placed on record affidavits of creditors and their
I.T.A
