PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA vs. KRISHNA KUMAR PARSURAMKA
In the result, these appeals are allowed and the substantial
ITAT/130/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
271 SC
ITAT NO. 06 OF 2022 AND ETC. BATCH
Page 63 of 150
Lakshmangarh Estate & Trading Co. Ltd.68 dated 7th October, 2017.
Reliance was placed on the decision in CIT Versus Smt. Jamna Devi
Agarwala69, wherein the Court had distinguished the decision in Sumati
Dayal. In support of his contention that the transactions were genuine as
documents were produced