DY. C.I.T. CENTRAL CIR.-2(2), NAGPUR vs. M/S SHREE AGRAWAL FINANCE INDIA P. LTD.,, NAGPUR
In the result, Revenue’s appeal is dismissed
ITA 176/NAG/2016[2011-12]Status: DisposedITAT Nagpur15 May 2025AY 2011-12
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Sachin V. LuthraFor Respondent: Harshad S. Vengurlekar
Section 10(34)Section 10(35)Section 132Section 139(1)Section 143(3)Section 153ASection 24
deemed dividend of Rs.6,49,70,741 (Rs.6,46,05,741 +
Rs.3,65,000) (Revised after rectification to Rs. 1,72,80,539/-).
11. On the facts and in the circumstances of the case and in law, the learned
CIT(A) has erred in deleting the addition of Rs.40,63,928/- made on account of unexplained cash deposits
