AABHUSHAN,DHAMNOD, MADHYA PRADESH vs. ITO DHAR, DHAR
In the result, appeal of the assessee is allowed
ITA 344/IND/2023[AY 2017-18]Status: DisposedITAT Indore09 May 2024
Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniaabhushan Dhamnod Ito, Dhar 1St Floor, Ganpati Market Ab Road Dhamnod Vs. Mp (Appellant / Assessee) (Respondent/ Revenue) Pan: Abgfa0812K Assessee By Shri Pranay Goyal & Shri S.N. Goyal, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 10.04.2024 Date Of Pronouncement 09.05.2024 O R D E R
Section 115BSection 142(1)Section 143(2)Section 68
section 68 of the Income-tax Act,
1961, where identity, genuineness and creditworthiness stands established. Thus, there was no reason for the Ld. CIT(A) to take a different view in assessment year under appeal i.e.,
2009-2010. Considering the totality of the facts and circumstances, we are of the view that initial burden upon the assessee to prove identity