into limited company and the
assesseement order was passed on a nonexistent entity
and is liable to be quashed. We find that, the assessee
action u/s.132, that
M/s.Galaxy Exports was a nonexistent entity, and no real
2
business activities of purchase and sale of jewellery
cannot
be framed against AO that assessment cannot be framed against nonexistent
entity
6. Any other ground of appeal which is deemed
lieu of cash obtained from beneficiaries. The findings clearly established
the nonexistence of entities who were providing accommodation entries. The
statement recorded during the course
established that the
contributions of share capital is/are bogus/by
nonexistent persons/entity of no means.
The decision of Lovely Exports is not going
established that the
contributions of share capital is/are bogus/by
nonexistent persons/entity of no means.
The decision of Lovely Exports is not going
established that the
contributions of share capital is/are bogus/by
nonexistent persons/entity of no means.
The decision of Lovely Exports is not going
served that does not mean said company is a non entity or
nonexistent especially when under the statutory record and the records of Registrar
served that does not mean said company is a
non entity or nonexistent especially when under the statutory record
and the records of Registrar
notice under Section 148 was issued to an entity which was, as a matter of fact, nonexistent and was at any rate different from