M/S SHREE AGRAWAL COAL INDIA PVT. LTD,NAGPUR vs. A,C.I.T CENT CIR. 1(2), NAGPUR
In the result, assessee’s appeal stands allowed
ITA 180/NAG/2016[2009-10]Status: DisposedITAT Nagpur15 May 2025AY 2009-10
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Sachin V. LuthraFor Respondent: Shri Harshad S. Vengurlekar
Section 132Section 139(1)Section 143(3)Section 153ASection 2(22)(d)Section 2(22)(e)
Deemed Dividend u/s 2(22)(d)
` 7,69,50,670
Share application & premium treated
6. ` 3,70,00,000
unexplained
` 6,15,49,178
7. Unsecured loans treated unexplained
` 26,74,93,739
8. Sundry creditors treated unexplained
` 8,69,520
9. Expenses disallowed
10. Expenses disallowed
` 73,11,789
11. Expenses disallowed
` 54,18,018
12. Purchases addition