DCIT CENTRAL CIRCLE-2, BHUBANESWAR vs. M/S. HOTEL SUKHAMAYA PVT. LTD, BHUBANESWAR

In the result, all the three appeals of the Revenue are dismissed

57 of Paper Book In the Books of account of RKDCPL, it is recorded that the said transaction as share application money and also in the account of appellant, the said transaction as share application money. These are running transaction Balance at the end of the year is transferred to the share application money and allotted to share capital conveniently

DCIT CENTRAL CIRCLE-2, BHUBANESWAR vs. M/S. HOTEL SUKHAMAYA PVT. LTD, BHUBANESWAR

In the result, all the three appeals of the Revenue are dismissed