YOUNG INDIAN,NEW DELHI vs. ACIT(E), NEW DELHI
ITA 1251/DEL/2019[2011-12]Status: DisposedITAT Delhi31 Mar 2022AY 2011-12
Bench: Shri Anil Chaturvedi & Shri Amit Shukla(Through Video Conference)
For Appellant: Shri Saurabh Soparkar, Sr. AdvocateFor Respondent: Shri G.C. Srivastava, Special Counsel
Section 12ASection 143Section 143(3)Section 147Section 28Section 56(2)Section 56(2)(viia)
gain full control of AJL
01.03.2011
Payment of Rs. 50
Payment of Rs 50 lakhs was Lakhs to AICC for disclosed as an expenditure for loan assignment the object enshrined in MOA of YI
11. Before us, ld. Special Counsel, Shri G.C. Srivastava, on
similar lines has summarised various steps which has also been
discussed in the impugned assessment order
