Goetze (India) Ltd. vs Cit on 24 March, 2006
But the
assessee failed to give any concrete evidence
regarding the whereabouts of the supplier. The
assessee has not furnished any proof of physical
delivery of the cotton. The assessee has also not
produced location of godown of Shri Prem Kumar
as well as firm M/s Manoj Trading Co. Moreover,
Singh Gurbax
the assessee himself has not claimed loss against
2014.01.10 10:47
I attest to the accuracy and
integrity of this document
High Court Chandigarh
ITA No.699 of 2009 (O&M) 7
the income earned during the year by filing the
revised return. Reliance is placed on the judgment
of Hon'ble Supreme Court in the case of Goetze
(India) Limited v. CIT (2006) 284 ITR 323
where it has been held as follows: