THE COMMISSIONER OF INCOME TAX AND ANR. vs. M/S GOLDSTONE CEMENTS LTD.
ITA/8/2022HC Gauhati16 Dec 2024
Bench: HONOURABLE MR. JUSTICE LANUSUNGKUM JAMIR,HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI
For Respondent: Dr. A. Saraf, Senior Advocate
Section 132Section 153ASection 260ASection 68
143(3) of the Act in AY 2017-18. Perusal of
the assessment order, copy of which is at Pages 1265-1266 of paper
book, shows that the AO of the shareholder did not draw any adverse
inference regarding the source of investments made by the
shareholder in the assessee company. In the circumstances when the
source of funds
