The Commissioner of Income Tax -III vs. Sri T.C. Reddy
The appeal stands dismissed
ITTA/577/2011HC Telangana28 Feb 2012
bogus payment shown by the assessee
to M/s. Mrigiya Electronics Industries
Private Limited for purchasing land of
Rs.4,35,60,000/-
for
Rs.11,95,27,000/-
without
any
justification for the same.
ii. Whether the tribunal was justified in
deleting the addition of Rs.15,19,340/-
being commission paid by it to M/s.
Mrigiya Electronics Industries Private
Limited for giving