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Commissioner of Income-Tax, (Central) IV, Mumbai Versus SKS Ispat & Power Ltd.

2017 (9) TMI 823 - BOMBAY HIGH COURT

Appeal is admitted on the following substantial questions of law: - “A. Whether, on the facts and in the circumstances of the case and in law, the Hon'ble ITAT is justified in upholding the order of CIT(A) in deleting the addition of ₹ 6,23 .....

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₹ 1,36,00,000/as unexplained share application money u/s 68 of the Act? - C. Whether on the facts and in the circumstances of the case and in law the Hon'ble ITAT is justified in upholding the order of CIT(A) in deleting the addition of &# .....

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e Respondent : Beni Chatterji, Senior Counsel with Maya Majumdar, Abhishek Padwalkar & Ranit Basu ORDER 1. Having heard both sides and perusing the order of the Tribunal, we are of the opinion that the questions proposed at pages 10 & 11 of t .....

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order of CIT(A) in deleting the addition of ₹ 6,23,80,629/as bogus credit in the name of M/s. Nisha Enterprises u/s 68 of the Act? B. Whether on the facts and in the circumstances of the case and in law, the Hon'ble ITAT is justified in uph .....

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