M/S.VISWARUPA BUILDERS AND DEVELOPERS(P)LTD vs. INCOME TAX OFFICER,WARD-3

The appeal is dismissed

Bench: This Court As Arising From The Impugned Order Of The Itat Read As Under:

u/s 69 of the Act as unexplained deposit in Bank out of sale of share purchased in earlier years. (iv) Whether on the facts and circumstances of the case, the Tribunal is right in deleting addition of Rs.30,00,194/- towards alleged share of transaction of Smt. Bhagabati Devi Banka.” 3. The background facts are that Sri Ram Ratan Banka

The Commissioner of Income Tax, vs. M/s. Jyothi Wines,