D M JEWELLERS,GUWAHATI vs. ADDITIONAL / JOINT / DEPUTY / ASSISTANT COMMISSIONER OF INCOME TAX/INCOME-TAX OFFICER, GUWAHATI
In the result, the appeal of the assessee is allowed for statistical purposes only
ITA 107/GTY/2025[2014-2015]Status: DisposedITAT Guwahati15 Oct 2025AY 2014-2015
Bench: Shri Manomohan Das, Hon’Ble & Shri Sanjay Awasthi, Hon’Ble
For Appellant: Shri Manish Jain, FCAFor Respondent: Shri Kausik Ray JCIT
Section 10(26)Section 132Section 144Section 147Section 148Section 250Section 68
133A of I.T. Act,
1961 was conducted in the case of Shri Puneet Kulthia and during the investigation it was found that Shri Puneet Kulthia was involved in providing accommodation entry to various persons / entities, helping them to channelize their unaccounted money back into their businesss to raise the capital through bogus sale or income. During the investigation