ACIT, NEW DELHI vs. M/S. VISHNU APARTMENTS PVT. LTD., JAIPUR
In the result, the appeal filed by the Revenue is dismissed
ITA 5828/DEL/2014[2010-11]Status: DisposedITAT Delhi30 Jan 2020AY 2010-11
Bench: Shri R.K. Panda & Shri Kuldip Singhassessment Year: 2010-11 Acit, Vs Vishnu Apartments Pvt. Ltd., Central Circle-7, Sheela Bhawan, New Delhi. 8, Motilal Atal Road, Jaipur. Pan: Aaacv6397E (Appellant) (Respondent) Assessee By : Shri I.P. Bansal & Shri Vivek Bansal, Advocates; & Ms Suman Sapra, Ca Revenue By : Shri J.K. Mishra, Cit, Dr Date Of Hearing : 18.12.2019 Date Of Pronouncement : 30.01.2020 Order Per R.K. Panda, Am: This Appeal Filed By The Revenue Is Directed Against The Order Dated 14Th August, 2014 Of The Cit(A)-1, New Delhi Relating To Assessment Year 2010-11. 2. The Grounds Raised By The Revenue Are As Under:- “1. The Order Of Ld. Cit(A) Is Not Correct In Law & Facts. 2. On The Facts & Circumstances Of The Case, The Ld. Cit(A) Has Erred In Law In Deleting The Addition Of Rs.47,07,37,143/- Made By The Ao On Account Of ‘Sham Transaction Of Revenue Sharing.’ 3. The Appellant Craves Leave To Add, Amend Any/All The Ground Of Appeal Before Or During The Course Of Hearing Of The Appeal.”
For Appellant: Shri I.P. Bansal &For Respondent: Shri J.K. Mishra, CIT, DR
Section 269SSection 40A(2)(b)Section 44A
section 40(a)(ia) would get attracted.
Finding
TDS is attracted strictly in terms of provisions contained u/s 190 to 206A