MFAR HOLDINGS PVT. LIMITED,BANGALORE vs. PR. CIT, BANGALORE
In the result, appeal of the assessee is dismissed
ITA 634/BANG/2015[2010-11]Status: DisposedITAT Bangalore14 Aug 2015AY 2010-11
Bench: Shri. N. V. Vasudevan & Shri. Abraham P. George
For Appellant: Shri. Cherian K Baby, CAFor Respondent: Shri. Sunil Kumar Agarwala, JCIT
Section 143(3)Section 14ASection 263Section 269Section 271DSection 45(2)
disallowed. Second point raised in such show cause notice was that assessee had received cash loans of Rs.1,02,83,336/- and paid back Rs.2,85,57,209/- otherwise than by account payee cheque contravening
Section 269 SS and 269T