M/S ASHA TECHNOLOGIES,SIRMOUR vs. ADDL. CIT, SOLAN
In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt
ITA 388/CHANDI/2012[2007-08]Status: DisposedITAT Chandigarh19 Jul 2024AY 2007-08
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)
For Appellant: Shri Vishal Mohan, Sr. Advocate with Shri Aditya Sood, AdvocateFor Respondent: Shri Sarabjeet Singh, CIT, DR
Section 142(1)Section 143(2)Section 250Section 253Section 80I
3. books of accounts of assessee, there are cash payments of Rs.1,23,299/- on different dates like: on 11.11.2006, 15.11.2006, 20.11.2006- Rs. 20,000/-each and on 1.12.2006 Rs.
13,299/-. On the other hand in impounded Day Book these payments are made on
1.11.2006 for Rs. 1,23,299/- at one go. This is unexplained cash credit
