NEETA GOYAL ,NEEMUCH vs. THE ITO NEEMUCH , NEEMUCH
ITA 171/IND/2023[2012-13]Status: DisposedITAT Indore31 Oct 2023AY 2012-13
Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2012-13 Smt.Neeta Devi Goyal, I.T.O., “Geetayan” , Bungalow No. Neemuch, बनाम/ 60, Opp. Govt. College, Vs. Neemuch (Assessee / Appellant) (Revenue / Respondent) Pan: Aaspg0943Q Assessee By Shri S.S. Deshpande, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 26.10.2023 Date Of Pronouncement 31.10.2023
Section 147Section 148
bogus/accommodation then also it does
not warrant any addition in assessee’s hands. Ld. AR submitted that had
this been a case of ‘loan taken’ by assessee, the AO would have been very
much justified in treating as undisclosed income of assessee but the present
case has a reverse transaction. Ld. AR strongly submitted that he fails to
understand
