Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2002 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2002 (11) TMI 324 - AT - Income TaxExtract: .......o ble Calcutta High Court in the case of C. Kant and Co. v. CIT 1980 126 ITR 63 and in holding that the assessee had not proved the capacity of this creditor to advance monies. The addition of Rs. 90,000 made in respect of the loan from M/s. Indira Painters is accordingly confirmed. 10. In the result, the assessee rsquo s appeal is allowed in part.
|