COMMISSIONER OF INCOME TAX ROHTAK vs. M/S CRYSTAL PHOSPHATES LTD
ITA/140/2013HC Punjab & Haryana28 Mar 2023
Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA
Section 144Section 80
96,566/- from customers, as such out of
the said amount, an amount of Rs.2,00,00,000/- was added to
the returned income of the assessee as income from undisclosed
sources.
(5)
Addition of Rs.60,000/- on account of interest charged on
investment in shares.
(6)
The assessee has diverted its borrowed funds to non-
interest bearing advances
