ABCI INFRASTRUCTURES PRIVATE LIMITED,KOLKATA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI
In the result, the appeal of the assessee is allowed, whereas the appeal of the Revenue is dismissed
ITA 40/GTY/2022[2013-14]Status: HeardITAT Guwahati03 Apr 2023AY 2013-14
Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad
For Appellant: (1) That on the facts and in the circumstances of the case
Section 143(3)Section 147Section 148Section 153Section 153C
41,88,35,026/- has been transferred by M/s
ABCI -Infrastructures Pvt. Ltd. on various dates to Account No.
00088260000116 maintained by M/s Silverpoint Infratech Ltd.
with HDFC Bank. The funds were immediately transferred by M/s Silverpoint Infratech Ltd. to three different accounts maintained by (i) M/s Argo Trade and Commerce, (ii) Wilson
Projects and (iii) Elegant Constructions. The above
