ACIT CENTRAL CIRCLE, JAMSHEDPUR vs. M/S SURAJ SOLUTION PVT LTD, JAMSHEDPUR

In the result, both appeals of the Revenue are dismissed and the

Bench: Shri N.S.Saini & Shri Pavan Kumar Gadale

section 197(1) of the Act issued by the Department has been furnished for the lower And CO Nos.23 & 22/Ran/2017 deduction of tax, payment made to the SHPL cannot be said to be an accommodation entry thus, bogus. The reasoning and conclusion of the AO is devoid of merit and thus cannot survive. In view of the aforesaid, disallowance made

ACIT CENTRAL CIRCLE , JAMSHEDPUR vs. M/S SURAJ SOLUTIONS PVT LTD , JAMSHDPUR

In the result, both appeals of the Revenue are dismissed and the