group which
were covered in the search action are Zoom
Developers Pvt Ltd, Zoom Reality projects Pvt Ltd,
Magnificent Constructions Pvt Ltd, Choudhary
Innovative Business ... surrendered additional Income of Rs. 105 crores in
the hands of Zoom Developers Pvt Ltd Rs.25 crores
in the hands of Zoom Reality Projects
Zoom Developers Pvt. Ltd., Indore vs Assessee on 19 December, 2011
1
IN THE INCOME TAX APPELATE TRIBUNAL
INDORE BENCH, INDORE
Before Shri Joginder Singh ... 2012
A.Ys.2003-04 to to 2008-09
Zoom Developers Pvt. Ltd
Indore
PAN - AAAC2-0532D :: Appellant
Vs
ACIT 1(2)
Indore :: Respondent
Appellant
were carried out on
4.2.2009 at the premises of M/s. Zoom Developers and Brilliant Estate.
Mr. Sanjay Choudhary heads the Brilliant Group. The assessee
cases of commonly known as M/s.
Zoom Developers and Brilliant Estate. During the course
of search, certain documents pertaining to the assessee
company were
deducted at source by a company called M/s Zoom Developers
P. Ltd. in which appellant is a director and that is a group
company
Officer to adjust the refund
already due in the case of Zoom Developers u/s 140A. During
hearing, the learned counsel for the assessee invited