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1 result for “reassessment”+ Section 196clear

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Key Topics

Section 1502

INCOME TAX OFFICER- 6(2), LUCKNOW vs. M/S. STATUS VYAPAAR PVT. LTD., LUCKNOW

In the result, the appeal of the Revenue is dismissed

ITA 403/LKW/2020[2012-13]Status: HeardITAT Lucknow13 Aug 2025AY 2012-13
For Appellant: \nShri Raghunath Mishra, AdvFor Respondent: \nShri R. K. Agarwal, CIT(DR)
Section 150Section 68

196 - Cash credit (Burden of proof) - Assessment year\n2008-09 - Where 'SK', an accommodation entries provider, utilized various\ncompanies, including assessee, in view of finding of Settlement Commission\nin case of 'SK' that cash deposited in bank account of assessee which was\none of conduit companies could not be said to be unexplained credit\nbecause source of cash was from