ALOK BHARTIA,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE

In the result, both the appeals of the assessee are dismissed

Bench: Shri Sunil Kumar Yadav & Shri A. K. Garodia

276C(1) in case of Shree Alok Bhartia and pointed out that as per this letter, for the present year, a demand of Rs.210,02,226/- was raised on Shri Alok Bhartia in respect of this addition of Rs.5,98,40,617/- and against this demand, the assessee has made payment of Rs.2.00 Crores on 28-03-2004 and Rs.5