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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

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

Bench: Shri Amit Shukla & Shri Prashant Maharishi

239 ITR 77 (Cal.) • Shankar Industries V CIT (1978) 114 ITR 689 (Cal.) • CIT V Kerala Road Lines (1986) 162 ITR 669 (Ker.) • Nova Promoters &Finlease • CIT V Nipun Builders & Developers [2013] 350 ITR 407 (Delhi)   4. Jawahar 2012-13 Section On perusal of bank All the ten investors are Credit & 68

EBRO INDIA PVT.LTD. ,DELHI vs. ACIT CIRCLE-7(1), DELHI

In the result, the ground no 4 raised by the assessee is allowed

Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI YOGESH KUMAR U.S. (Accountant Member)

239 (Delhi) wherein similar request was made for assessment other than covered section 144 C of the IT Act. After considering various judgments, including judgments cited by the assessee in the case of Sanjay Aggarwal vs. NFAC and after considering the facts and the provisions of the law, the Hon'ble High Court has set aside the matter