JUD CEMENT LIMITED,SHILLONG vs. ASSISTANT COMMISSIONER OF INCOME, CIRCLE - SHILLONG , SHILLONG
Appeals are allowed in view of our foregoing detailed discussions
ITA 39/GTY/2017[2006-07]Status: DisposedITAT Guwahati06 Sept 2019AY 2006-07
Bench: Shri S.S.Godara & Dr. A.L. Saini
Section 143(3)Section 147Section 68Section 80l
68 addition of share capital amounting to ₹1,02,50,000/- made by Assessing Officer vide following detailed discussion:-
“5.1
The appellant, apart from relying upon the facts, has raised a legal contention stating that the addition of Rs.1,02,50,000/- made on account of share capital was beyond the scope and ambit of section 147 of Income