ACIT, C.C.-1, RANCHI vs. M/S CHINTPURNI STEEL PVT. LTD.,, RANCHI
In the result, appeal of the revenue is dismissed
ITA 32/RAN/2020[2013-14]Status: DisposedITAT Ranchi06 Nov 2023AY 2013-14
Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]
Section 143(3)Section 69A
purchase of steel scraps. Accordingly the AO came to the conclusion that the money received from Shree Mahalaxmi Steels is bogus and is accommodation entry and accordingly the same was added to the income of the assessee in the assessment framed u/s 143(3) of the Act dated 4.3.2016. 4. In the appellate proceedings, the Ld. CIT(A), after discussing
