SVP GLOBAL TEXTILES LTD FORMERLY SVP GLOBAL VENTURES LTD,MUMBAI vs. DY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(1), MUMBAI, MUMBAI
ITA 1310/MUM/2022[2015-2016]Status: DisposedITAT Mumbai30 Apr 2024AY 2015-2016
Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm
bogus sales. Therefore, it was clear that as STPL as an integral part of the SVP group of companies by its own admission before the settlement commission.
Thereafter the learned assessing officer extracted the statement of 07. various persons recorded and held that it is now conclusively proved that the sale and purchase of the STPL are nothing but accommodation