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
1 crore.
36
Assessment Year: 2013-2014
&
Assessment Year: 2013-2014
ABCI Infrastructure Pvt. Limited
However, on-going through the judgments of the Commissioner of Income-tax, the Income-tax Appellate
Tribunal and the High Court, we find that on the merits a disallowance of Rs.19,39,60,866 was based solely on third party information, which was not subjected
