RAMESHWAR PIPE INDUSTRIES,,KOTHARIA vs. INCOME TAX OFFICER, WARD-3(1)(2),, RAJKOT
In the result, the appeal filed by the assessee is allowed
ITA 340/RJT/2017[2013-14]Status: DisposedITAT Rajkot02 Jun 2020AY 2013-14
Bench: Shri Waseem Ahmed & Ms. Madhumita Royrameshwar Pipe Industries Vs. Ito Vardhman Industrial Area, Ward-3(1)(2), Survey No. 259/2, Plot No. 13, Rajkot Behind Kotharia Solvent, Kotharia [Pan No. Aajfr8612E] (Appellant) .. (Respondent)
For Appellant: Shri Rashmin Vekariya, ARFor Respondent: Shri Suhas Mistry, Sr. D.R
Section 143(3)Section 68
section 68 of the Act. Since, we are satisfied to the fact of repayment made by the assessee on the basis of the documents filed before us we find no justification in confirming the addition made by the authorities below and hence the same is hereby deleted.
Assessee’s appeal is thus allowed.
5. In the result, the appeal
