ASIAN BUSINESS CONECTION PVT. LTD.,BHOPAL vs. DCIT - 1(1) , BHOPAL
ITA 936/IND/2018[2015-16]Status: DisposedITAT Indore25 Sept 2019AY 2015-16
Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradassessment Year 2015-16 M/S. Asian Business Dcit-1(1), Connections Private Ltd, Vs. Bhopal Fm-18, Man Sarovar Complex, 7No. Stop, Shivaji Nagar, Bhopal (Appellant) (Respondent ) Pan No.Aaica1206D
Section 139(1)Section 143(2)Section 143(3)Section 2Section 2(22)Section 2(22)(e)Section 35D
35D of the Income-tax Act, 1961”.
2.Brief facts of the case are that the Appellant, Asian Business
Connections Private Limited (In short ‘ABCPL’), is a company incorporated under the Companies Act, 1956
and is mainly engaged in the business of making strategic investments. ABCPL is a holding company for group companies which operate in Agri-business, International
Trade