DCIT, BHUBANESWAR vs. M/S. MGM MINERALS LTD., BHUBANESWAR
In the result, for A.Y. 2010-11 Cross appeals in ITANo
ITA 408/CTK/2015[2010-11]Status: DisposedITAT Cuttack05 Jan 2022AY 2010-11
Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am आयकर अपीऱ सं./Ita No.420/Ctk/2015 (नििाारण वषा / Assessment Year :2010-2011) Mgm Minerals Limited Vs Jcit-Range-1, 2-A, Forest Park Bhubaneswar Bhubaneswar-751009 Pan No. : Aadcm2818E (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..
For Appellant: Shri B.K. Mahapatra & A.K. Sobat, ARsFor Respondent: Shri M.K.Gautam, CIT-DR
b) above, the aforesaid Rs.! ,20,36,869/being the closing balance of the aforesaid
Party Accounts the additions made by the learned Assessing Officer as income of the assessee and confirming the addition of the same
Rs.l,20,36,869/- by the learned CIT(Appeals) is contrary to facts, arbitrary, unjustified, erroneous, bad in law and legally untenable.
3.Addition/ Disallowances
