M/S. HIREN SILK MILLS,,SURAT vs. THE INCOME TAX OFFICER, WARD-1(2)(2),, SURAT
In the result, appeal of the assessee is allowed
ITA 2271/AHD/2016[2012-13]Status: DisposedITAT Surat14 Feb 2020AY 2012-13
Bench: Shri Sandeep Gosain, Hon'Ble & Shri O.P.Meena, Hon'Bleआ.अ.सं./I.T.A No.2271/Ahd/2016 "नधा"रण वष"/Assessment Year: 2012-13 M/S.Hiren Silk Mills, V The Income Tax Officer, 6625/1, Road No.66, A/6, Gidc, S Ward-1(2)(2), Surat. Sachin, Surat. . [Pan: Aadfh 5929 A] अपीलाथ" / Appellant ""यथ"/Respondent Stay Petition No.01/Srt/2020 (Arising Out Of Ita No.2271/Ahd/2016) "नधा"रण वष"/Assessment Year: 2012-13 M/S.Hiren Silk Mills, V The Income Tax Officer, Ward-1(2)(2), Surat. 6625/1, Road No.66, A/6, Gidc, S Sachin, Surat. . [Pan: Aadfh 5929 A] अपीलाथ" / Appellant ""यथ"/Respondent
Section 143(3)
11
Hiren Silk Mills Vs. ITO, Ward-1(2)(2),Surat /ITA No.2271/AHD/2016 for A.Y. 2012-13
principles laid down under section 68 - Held, yes [In favour of assessee].
9. On the other hand, the ld.Departmental Representative (DR) relied upon the orders of Revenue Authorities.
10. We have heard both the Counsels and perused the material placed on records, judgments