M/S ROCKBED RENOVATORS LTD.,BHOPAL vs. THE PCIT-1, BHOPAL
In the result, the appeal of the assessee is allowed
ITA 214/IND/2023[2018-19]Status: HeardITAT Indore12 Jun 2024AY 2018-19
Bench: Shri Vijay Pal Rao & Shri B.M. Biyanirockbed Renovators Ltd. Pr. Cit-1 7-A, Panjabi Bagh Raisen Road Bhopal Govindpura Vs. Bhopal (Appellant / Assessee) (Respondent/ Revenue) Pan: Aaacr7151G Assessee By Shri Gagan Tiwari Ar Revenue By Ms. Ila Parmar, Cit- Dr Date Of Hearing 10.06.2024 Date Of Pronouncement 12.06.2024
Section 143(3)Section 196CSection 263
bogus or not genuine. In support of his contention he has relied upon following decisions:
1.Bengal
Peerless
Housing
Devat.
Co.
Ltd v.
Deputy
Commissioner of Income (Circle -7) (1), Kolkata (2019) 103
Taxmann 298 (Kolkata Trib)
2.Bharat Earth Movers v. Commissioner of Income Tax (2000)
112 Taxmann 61 (SC)
3. Commissioner of Income Tax v. Alembic Glass Industries (Tax
Appeal