LOVE SHOPPERS LTD,AHMEDABAD vs. DCIT, CIRCLE-2(1)(2), AHMEDABAD, AHMEDABAD
Appeal of the assessee is dismissed
ITA 285/RJT/2022[2016-17]Status: HeardITAT Rajkot16 May 2023AY 2016-17
Bench: The Hearing Of Appeal. Total Tax Effect 13,25,000/-”
For Appellant: Shri Mehul Ranpura, A.RFor Respondent: Shri B.D. Gupta, Sr. D.R
Section 250Section 269SSection 271Section 271DSection 273B
condoning the delay in filing of the present appeal.
I.T.A No. 285/Rjt/2022 A.Y. 2016-17 Page No 3
M/s. Love Shoppers vs. DCIT
4. The brief facts of the case are that during the course of assessment proceedings, the assessing officer observed that the assessee company had received a loan of " 13,25,000/- in cash from