THE ITO, WARD-4,, MORBI vs. M/S RAIYANI COTTON INDUSTRIES,, MORBI
In the result, the appeal filed by the Revenue is dismissed
ITA 129/RJT/2016[2011-12]Status: DisposedITAT Rajkot18 Aug 2021AY 2011-12
Bench: Shri Pradip Kumar Kedia & Ms. Madhumita Royआयकर अपील सं./I.T.A No. 129/Rjt/2016 ("नधा"रण वष" / Assessment Years: 2011-12)
For Appellant: Shri M. J. Ranpura, ARFor Respondent: 07/07/2021
Section 143(3)Section 40A(3)Section 68Section 80G
bogus loans/deposits received from four different parties.
6. On the facts and circumstances of the case and in law, the Ld. CIT(A) has erred in deleting the addition u/s. 40A(3) made by AO being purchase of kapas from different parties of total Rs. 5,00,000/-.
7. On the facts and circumstances of the case
