EBRO INDIA PVT.LTD. ,DELHI vs. ACIT CIRCLE-7(1), DELHI
In the result, the ground no 4 raised by the assessee is allowed
ITA 1291/DEL/2022[2018-19]Status: HeardITAT Delhi09 Sept 2024AY 2018-19
Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI YOGESH KUMAR U.S. (Accountant Member)
For Appellant: Shri Rohit Jain, AdvocateFor Respondent: Shri Rajesh Kumar, CIT DR
Section 143(3)Section 144BSection 144CSection 68
section 68 of the Act since the assessee had, during the course of assessment proceedings, discharged the primary onus by placing on record various contemporaneous and unrebutted/ uncontroverted documentary evidence(s) in support of the share capital monies received from existing shareholders, as detailed hereunder:
i.
It was duly explained that the share capital (including premium) have been received
