Tech Solonics Limited, Bhopal vs Assessee on 25 May, 2012
1
IN THE INCOME TAX APPELLATE TRIBUNAL
INDORE BENCH, INDORE
BEFORE SHRI JOGINDER SINGH, JUDICIAL ... 2011)
A.Y. 2008-09
M/s. Aartech Solonics Ltd., Bhopal
PAN -AACCA 5369 B :: Applicant
Vs
ACIT-1(2), Bhopal :: Respondent
Appellant by Shri
Aartech Solonics Ltd., Bhopal vs Department Of Income Tax
1
IN THE INCOME TAX APPELLATE TRIBUNAL,
INDORE BENCH, INDORE
BEFORE SHRI JOGINDER SINGH, JUDICIAL MEMBER
Receipts (in Rs.)
from person/entity
Thodari Vela Cinema 50,000/-
P. Solon 2,00,000/-
Sree Bhuvaneswari 2,25,000/-
Bala Subramani ... Ganesan 25,000/-
Bogan P.Solon 2,00,000/-
Total 7,25,000/-
7. The Ld. AR has explained the receipt of cash
assessee, Prop. M/s. Organochem Products (HP) based at Village
Ambota, Dist. Solon, Parwanoo, Himachal Pradesh is engaged in the
business of manufacture and sale
Kashmir Avenue, Amritsar, presently
resident of 38390, Flanders Drive, Solon, Ohio, USA 44139, through
his Power of Attorney, Sh. Parminderjit Singh, resident
duty..."
14. We also find that in the case of Aartech Solonics Ltd, vs. CIT (2013) 256
CTR (MP) 293, the issue before
addition relates to shares of H.P. General Finance (P.) Ltd. (150), Solon Food Products (P.) Ltd. (100), and Hindustan Miniature Lamps (125). The value
Floor, Aayakar Bhavan, Basheerbagh,
Hyderabad - 500 004.
2) M/s Bishop Solon Educational Trust, H.No. 1-3-41/C/2,
Santhinagar, Peddapally, Karimnagar
duty..."
14. We also find that in the case of Aartech Solonics Ltd, vs. CIT (2013) 256 CTR
(MP) 293, the issue before
been placed by
STELCO. The shipment was sent on 10.7.07
and as solon as the consignment reached the buyer, he raised objection about
the quality
