PRINCIPAL COMMISSIONER OF INCOME TAX(CENTRAL) 1 vs. NRA IRON AND STEEL PVT. LTD. THROUGH DIRECTOR
C.A. No.-002463-002463 - 2019Supreme Court05 Mar 2019
Bench: HON'BLE THE CHIEF JUSTICE
Section 148Section 68
purchased.
The Company had not enclosed
their Bank Statement showing
the source of fund for share
application money. (50,00,000/-
Ch. No. 069123 dt. 17.11.2008
& Rs. 40,00,000/- Ch. No.
069124 dt. 17.11.2008 drawn
on Deutsche bank.
The
Company
had
shown
income of Rs. 10,730/- for A.Y.
2009-10
Rs. 90,00,000
invested on
17.11.2008
Return