ACIT, CC-14, DELHI vs. LAKSHYA CONSULTANTS PVT. LTD., NEW DELHI

In the result, the appeal of the Revenue in ITA No

Bench: Shri N.K. Billaiya & Shri Yogesh Kumar U.S

delay condonation application is dismissed. Consequently, the appeal also stands dismissed as time barred. 12. For the sake of completeness, even on merits, the appeal of the Revenue has no legs to stand. The basis of the addition reads as under: “During the year the assessee had given advance of Rs.3,28,OO,000/- as advance to six companies

ACIT, NEW DELHI vs. M/S. CONTAINER CORPORATION OF INDIA LTD., NEW DELHI