2019 (9) TMI 1173

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.... For Revenue: Ms. Rinku Singh, Sr. D.R. ORDER PER BHAVNESH SAINI, J.M. This appeal by Assessee has been directed against the Order of the Ld. CIT(A)-20, New Delhi, Dated 10.03.2016, for the A.Y. 2011-2012, challenging the addition of Rs. 7,60,929/- on account of Sales Tax refund. 2. Briefly the facts of the case are that as per assessment order the status of the assessee is "Firm". Th....

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....red to the Private Limited Company. The sales tax number of assessee firm was converted into Private Limited Company and expenses including sales tax and relating to project/job work has been claimed by Private Limited Company and in the same way sales tax refund was shown as income of the Private Limited Company. It was, therefore, submitted that same income cannot be taxed twice. The A.O. howeve....

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....sel for the Assessee reiterated the submissions made before the authorities below and submitted that same amount have been shown as income in the hands of the Private Limited Company, therefore, it would amount to double addition. Learned Counsel for the Assessee, however, admitted during the course of arguments that in assessment year under appeal in which sales tax refund have been received by t....