4 results for “condonation of delay”+ Section 208clear
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In the result, appeal of the assesse company being devoid and bereft of any merit is dismissed in terms of our aforesaid observations
Bench: Shri Ravish Sood & Shri Arun Khodpia
208 ITR 465 (Cal.), observed that the mere fact that the transactions were carried out through banking channels would not conclusively establish the identity of the creditors or their creditworthiness. As regards the judicial pronouncements that were relied upon by the assessee company, the A.O. was of the view that as all of those were rendered before the amendment