VARDHMAN INFRAFAB PVT. LTD.,NEW DELHI vs. WARD-26(1), NEW DELHI
In the result, ground No. 7 and 8 of assessee are allowed
ITA 277/DEL/2022[2011-12]Status: DisposedITAT Delhi30 Jun 2023AY 2011-12
Bench: Shri C.M. Gargvardhman Infrafab Pvt. Ltd, Vs. Ito, K43, Green Pak (Man), Delhi Ward-26(1), New Delhi (Appellant) (Respondent) Pan: Aaccv5663K Assessee By : Shri Priyansh Jain, Ca Revenue By: Shri Om Parkash, Sr. Dr Date Of Hearing 06/04/2023 Date Of Pronouncement 30/06/2023
For Appellant: Shri Priyansh Jain, CAFor Respondent: Shri Om Parkash, Sr. DR
Section 234BSection 68
244A of Income Tax Act, 1961
and initiating penalty proceedings against the assessee.”
4. The ld counsel submitted that the AO at page No. 2 noted that the assessee have made sales to two entities namely M/s. Riddhi Siddhi
Clothing Co. Pvt. Ltd and M/s. Star Delta Traders Pvt. Ltd amounting to Vardhman Infrafab
