PRINCIPAL COMMISSIONER OF INCOME TAX-5, KOLKATA vs. SHRI MAHENDRA KUMAR PERIWAL
In the result, these appeals are allowed and the substantial
ITAT/136/2021HC Calcutta14 Jun 2022
Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA
68,959/-. Therefore, it is submitted
that the Tribunal brushed aside these important facts and erroneously
reversed the orders passed by the CIT. Further it is submitted that SRK
Industries is one of the 84 companies which have been listed as penny stock
companies in the investigation report.
18.
Mr. Prithu Dhudhoria, learned Junior Standing Counsel appearing in
the some