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

invested Rs. 67,00,000/- Both the R. K. Das, who is the Chairman-cum-Managing Director of appellant company and Managing Director of RKDCPL have 89,31% of total share. In Both the company the Managing Director is common. The cheque signing lies with MD of both companies. The entire finance and Management of both the companies are under

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