ADDL. CIT, SPECIAL RANGE- 7, NEW DELHI vs. PRAYAG POLYTECH PVT. LTD., NEW DELHI
In the result, the appeal of the assessee is allowed
ITA 5970/DEL/2017[2014-15]Status: DisposedITAT Delhi18 Jun 2019AY 2014-15
Bench: Shri H.S. Sidhu & Shri B.R.R. Kumarassessment Year: 2014-15
For Appellant: Sh. Ved Jain, Adv. & Sh. Ashish Goel, AdvFor Respondent: Sh. Surender Pal, Sr. DR
Section 127(1)Section 133(6)Section 142(1)Section 143(2)Section 68
3) for AY 2014-15 dated 24.12.2016.”
6. After perusing the aforesaid findings of the Ld. CIT(A) and after perusal of the financial statement and the documents placed in respect of these two creditors, we find that each of these two creditors have sufficient funds and assessee has lead all the evidences to discharge its onus under section
