DCIT, CIRCLE, BHILWARA vs. M/S. SAILEELA SYNTHETICS PVT. LD. , BHILWARA
The appeal stands dismissed
ITA 279/JODH/2018[2015-16]Status: DisposedITAT Jodhpur21 Dec 2020AY 2015-16
Bench: Hon’Ble Shri Sandeep Gosain, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am (Hearing Through Video Conferencing Mode) आयकरअपील सं./ I.T.A. No.279/Jodh/2018 ("नधा"रणवष" / Assessment Year: 2015-16) Dcit- Bhilwara Circle M/S. Saileela Synthetics Pvt. Ltd. बनाम/ Shastri Nagar, Bhilwara 147, New Cloth Market Rajasthan. Pur Road, Bhilwara Vs. Rajasthan-311 001. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aadcs-1103-N (अपीलाथ"/Appellant) (""यथ" / Respondent) :
For Appellant: Shri Rajendra Jain (Advocate) & MsFor Respondent: Shri A.S. Yadav- Ld. CIT- DR
Section 133(6)Section 143(3)Section 36(1)(va)Section 68
36(1)(va) r.w.s. 2(24)(x).
3.7 The assessee was in receipt of unsecured loan of Rs.25 Lacs from an entity namely M/s Inox Buildcon Private Limited which was one of the share-applicant and for which addition u/s 68 was already made by Ld. AO. Accordingly, the said loan as well as interest paid therefore aggregating to Rs.25.24
