DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH vs. JAMES HOTELS LTD, CHANDIGARH
ITA 552/CHANDI/2023[2012-13]Status: DisposedITAT Chandigarh01 Oct 2024AY 2012-13
Bench: The Said Resolution To Enhance Authorized Share Capital.
For Appellant: Shri R.K. KapoorFor Respondent: Shri Rohit Sharma, CIT, DR
Section 143(2)Section 269SSection 271D
271D of Income Tax Act. It was explained during the assessment proceedings that the provisions of section 269SS are applicable only to the transactions of loans and advances and the amount received towards allotment of shares which has been duly reflected as such as share application money in the audited accounts of the assessee in Note
