ACIT CENTRAL CIRCLE16, NEW DELHI vs. KRISHNA DAL MILL PVT LTD, NEW DELHI
In the result, the appeal of the revenue is partly allowed
ITA 1737/DEL/2020[2014-15]Status: DisposedITAT Delhi06 Aug 2025AY 2014-15
Bench: Shri Vikas Awasthy & Shri M. Balaganeshacit, Vs. M/S. Krishna Dal Mill Pvt. Ltd, Central Circle-16, C-19, Lawarance Road, New Delhi Pitampura, North West Delhi, Delhi-110035 (Appellant) (Respondent) Pan: Aaack0099E Assessee By : Shri Satyen Sethi, Adv Shri A. T. Panda, Ms. Gargi Sethi, Adv Shri Nirbhay Mehta, Adv Shri Aswani Gupta, Ca Revenue By: Ms. Namita Khurana, Cit-Dr (On Rotational Duty) Date Of Hearing 02/07/2025 Date Of Pronouncement 06/08/2025
For Appellant: Shri Satyen Sethi, AdvFor Respondent: Ms. Namita Khurana, CIT-Dr (on rotational duty)
Section 132Section 143(1)Section 143(3)Section 153Section 245C(1)Section 245D(1)Section 245D(4)
condone the delay and admit the appeal of the revenue for adjudication.
The revenue has raised the following grounds of appeal:-
3. “1 That the Id. CIT(A) has erred in law and on facts in deleting the addition of Rs.33,86,46,800/- made by A.O. on account of investment in Zirakpur Project of M/s SIPL?
2. That