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1 result for “section 68”+ Bogus/Accommodation Entryclear

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Section 1482

BALJIT KAUR ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(2), HYDERABAD

In the result, appeal of the assessee is allowed

ITA 231/HYD/2020[2011-12]Status: DisposedITAT Hyderabad25 Jun 2021AY 2011-12

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahuassessment Year: 2011-12 Baljit Kaur, Hyderabad. Vs. Dy. Commissioner Of Income-Tax, Pan – Ajxpk 8087H Circle – 16(2), Hyderabad. (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao Revenue By: Shri Rohit Mujumdar Date Of Hearing: 10/06/2021 Date Of Pronouncement: 28/06/2021

For Appellant: Shri P. Murali Mohan RaoFor Respondent: Shri Rohit Mujumdar
Section 143(1)Section 143(3)Section 144Section 147Section 148Section 68

bogus/accommodation entries provided by certain individuals/companies. The AO, according to him, the reading of these reasons clearly indicated that the AO had not applied his own mind to the issue or carried out any incumbent verification before issuing the notice. 42. We find this contention of the assessee to be correct. In Para 2, the AO has reproduced the particulars