2015 (7) TMI 1383

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... as per HC no loan or advance was granted to the assessee, since the amount had actually been defalcated and was not reflected in the book of account of the assessee - The fact that there was defalcat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... NA, JJ. For The Petitioner: Mr. Guru Krishnakumar, Sr. Adv., Mr. Arijit Prasad, Adv., Ms. Vimla Sinha, Adv., Ms. Rukhsana Choudhary, Adv., Mrs. Anil Katiyar, Adv. ORDER Leave granted. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X