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Gujarat High Court

The Principal Commissioner Of Income ... vs Maruti Foods Industries C/O. Ashitbhai ... on 22 July, 2019

Author: J.B.Pardiwala

Bench: J.B.Pardiwala, A.C. Rao

         C/TAXAP/439/2019                                     ORDER




          IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                 R/TAX APPEAL NO. 439 of 2019
==========================================================
        THE PRINCIPAL COMMISSIONER OF INCOME TAX-3
                           Versus
       MARUTI FOODS INDUSTRIES C/O. ASHITBHAI P. AMIN
==========================================================
Appearance:
MRS MAUNA M BHATT(174) for the Appellant(s) No. 1
for the Opponent(s) No. 1
==========================================================

 CORAM: HONOURABLE MR.JUSTICE J.B.PARDIWALA
        and
        HONOURABLE MR.JUSTICE A.C. RAO

                            Date : 22/07/2019

                       ORAL ORDER

(PER : HONOURABLE MR.JUSTICE J.B.PARDIWALA) This Tax Appeal at the instance of the assessee is admitted on the following questions of law :

(1) Whether the Appellate Tribunal has erred in law and on facts in deleting the addition of Rs 3,01,40,000/- made on account of unexplained capital accounts of partners on protective basis ?"
(2) Whether the Appellate Tribunal has erred in law and on facts in holding that the protective addition is not sustainable in the hands of assessee as the substantive addition was not made in hands of partners ?"

(J. B. PARDIWALA, J) (A. C. RAO, J) MARY VADAKKAN Page 1 of 1 Downloaded on : Tue Jul 23 22:05:29 IST 2019