Search Results Page

Search Results

1 - 2 of 2 (0.37 seconds)
Documents citing Globus Securities And Finance Pvt. Ltd. vs The Commissioner Of Income Tax on 5 September, 2014

Chandravadani Mahila Shikha Samiti, ... vs Assessee

2. At the outset, our attention was invited to the application filed by the assessee for admission of additional evidence along with affidavits filed by the assessee. It was submitted that affidavits from the creditors, whose loan has been added as income of the assessee u/s 68, have filed their affidavits, therefore, these affidavits goes to the roots of the issue and are very much necessary to be examined so that the interest of the assessee is not geopardised for which the learned counsel placed reliance upon the decision from Hon'ble jurisdictional High Court in CIT v. Siya Daudi Bohra Jamat, Neemuch (2008) 10 ITJ 502 (MP) and the decision of the Tribunal in Globus Housing vs. CIT (2011) 17 ITJ 722 (Ind). These submissions of the assessee were objected by the learned CIT DR, Shri Keshav Saxena on the plea that firstly the confirmations, now filed before the Tribunal, were not filed during assessment stage and secondly the impugned amounts are from small agriculturists from whom lacs of rupees has been claimed as loan.
Income Tax Appellate Tribunal - Indore Cites 2 - Cited by 0 - Full Document
1