HARYANA DISTILLERY LTD.,NEW DELHI vs. DCIT, CIRCLE- 11(1), NEW DELHI
In the result, the appeal filed by the assessee is allowed
ITA 1452/DEL/2018[2008-09]Status: DisposedITAT Delhi20 Nov 2018AY 2008-09
Bench: Shri R.K. Panda & Ms Suchitra Kambleassessment Year: 2008-09 Haryana Distillery Ltd., Vs. Dcit, 16, Community Centre, Circle-11(1), New Friends Colony, New Delhi. New Delhi. Pan: Aabch0933K (Appellant) (Respondent) Assessee By : Shri K. Sampath, Advocate Shri Raj Kumar, Advocate Revenue By : Shri Arun Kumar Yadav, Sr. Dr Date Of Hearing : 31.08.2018 Date Of Pronouncement : 20.11.2018 Order Per R.K. Panda, Am: This Appeal By The Assessee Is Directed Against The Order Dated 4Th December, 2017 Of The Cit(A)-35, New Delhi Relating To Assessment Year 2008-09. 2. The Facts Of The Case, In Brief, Are That The Assessee Is A Company & Filed Its Return Of Income On 31St March, 2010 Declaring Income At Rs.1,73,82,410/-. The Assessment U/S 143(3) Of The Act Was Completed On 30Th December, 2010 At An Income Of Rs.1,73,93,322/-. Subsequently, The Assessing Officer Reopened The Assessment U/S 147 Of The Act By Recording The Following Reasons:-
For Appellant: Shri K. Sampath, AdvocateFor Respondent: Shri Arun Kumar Yadav, Sr. DR
Section 143(2)Section 143(3)Section 147Section 148Section 151(2)Section 68
bogus/accommodation entries provided by Surendra Kumar Jain group of cases, The assessee company is identified as one of the beneficiaries of these alleged bogus transactions by the Directorate after making the necessary enquiries. It has been revealed that the following entries have been received by the assessee:
Name of Amount
Cheque/
Date
Bank
Name of the company
Name
