ACIT, NEW DELHI vs. FILATEX INDIA LIMITED, DELHI
ITA 5000/DEL/2024[2015-16]Status: DisposedITAT Delhi30 Jun 2025AY 2015-16
Bench: Shri Satbeer Singh Godara & Shri Manish Agarwal
section 68 with respect to loan could not
be sustained.
30.
The Co-ordinate Bench of ITAT, Delhi in the case of ITO Vs. Alpha
Contech Pvt. Ltd. in ITA No.3351/Del/2016 vide order dt. 28.07.2023
under identical circumstances while deleting the additions made by AO
by alleging the loan creditors as bogus, has held as under:
7. On careful