M/S GLOBUS REAL INFRA PVT. LTD.,,NEW DELHI vs. DCIT, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, WARD-7(1), NEW DELHI vs. DELIGHT RESORTS P.LTD, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ACIT, NEW DELHI vs. M/S. SUPERSTAR AGENCY PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S. SINTEX CONSUMERS ELECTRONICS PVT. LTD., DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S. SUKHNA STEEL PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ACIT, NEW DELHI vs. M/S. SUR BUILDCON PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S. SUNLIGHT TOUR AND TRAVELS PVT. LTD., SAHIBABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

KASPER INFORMATION TECHNOLOGY PVT. LTD.,NEW DELHI vs. ITO WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

KASPER INFORMATION TECHNOLOGY P.LTD,NEW DELHI vs. ITO, WARD-14(2), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S. SUKHNA REAL ESTATE PVT. LTD., GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S. SUPREME PLACEMENT SERVICES PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S ANGEL CEMENT PVT. LTD.,, GHAZIABAD

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

LANDSKY REAL ESTATES P.LTD,NEW DELHI vs. ITO, WARD-15(1), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO WARD - 14(2), NEW DELHI vs. KASPER INFORMATION TECHNOLOGY PVT LTD, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO WARD - 13(3), NEW DELHI vs. JINGLE BELLS ALUMINIUM PVT. LTD., NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

ITO, NEW DELHI vs. M/S STYLISH CONSTRUCTION PVT. LTD.,, NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

JINGLE BELLS ALUMINIUM,NEW DELHI vs. ITO WARD - 13(3), NEW DELHI

Bench: Shri Amit Shukla & Shri Prashant Maharishi

section 68 to look into immediately. It seems an the source of source accommodation entry to w.e.f. 01.04.2014 cannot evade tax (Page 6, Para be held to be 3.6.1 – AO’s Order) retrospective in nature  Assessee company has not (Page – 34, Para – 7.4 – done any business activity, CIT(A)’s Order)  major part of turnover is Appellant could

KHOOBSOORAT FABRICS PVT LTD.,NEW DELHI vs. ITO WARD 14(3), NEW DELHI

Appeal are allowed

Bench: Shri Kul Bharat[Assessment Year: 2017-18

section 68 of the Act has no application. Reliance is placed on the judgment of Gujarat High Court in the case of CIT vs. Vishal Export Overseas Ltd. in ITA No. 2471/2009 dated 3.7.2012 (extract at page 179 of Paper Book). 10.2 Reliance is also placed on the following judgments: DELHI HIGH COURT i) ITA No. 613/2010 (Del) dated