PRINCIPAL COMMISSIONER OF INCOME TAX 2 KOLKATA vs. M/S COAL SALE CO LTD

Accordingly, the appeal filed by the revenue was dismissed

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE BIVAS PATTANAYAK

reopening, according to 3 the assessing officer, was that the assessee, on earlier bogus bill, has made accommodation entry through M/s. Bridge & Building Construction Co. Ltd. via bank account in IDBI Bank. The said allegation was made based upon a statement recorded from one Entry Operator, Mr. Ajit Kumar Jindal. The assessing officer, after referring to the statement, came

PRINCIPAL COMMISSIONER OF INCOME TAX 5 KOLKATA vs. DEBABRATA BANERJEE

Accordingly, the appeal fails and the same is dismissed