2022 (4) TMI 912

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.... Mr. Bhuwan Dhoopar, Advocates. Respondent Through: Mr. Puneet Rai, senior standing counsel for the Revenue with Ms. Adeeba Mujahid and Mr. Karan Pandey, Advocates. J U D G M E N T MANMOHAN, J (Oral): C.M.No.18115/2022 Exemption allowed, subject to all just exceptions. Accordingly, the application stands disposed of. ITA No.85/2022 1. Present appeal has been filed challenging ....

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....ncome Tax vs. Conimeters Electricals (P) Ltd., (2010) taxmann.com 302 (Delhi) as well as Principal Commissioner of Income Tax-1 vs. Asian Mills Pvt. Ltd. decided by Gujarat High Court in R/Tax Appeal No.244/2021. 4. Learned counsel for the Appellant further states that the Tribunal has failed to follow the principle of consistency laid down by the Supreme Court in Radha Soami Satsang v. CIT [19....

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....ged between Mr. D.N. Pandey and the Appellant/assessee is not sufficient to prove that Mr. Pandey had provided any kind of service. The Profit and Loss Account of Mr. D.N. Pandey for the previous assessment year shows that out of gross receipt of Rs. 1,64,40,356/-, he had incurred expense of Rs. 1,38,05,010/- towards labour, loading & unloading charges! Last but not the least, the agreement betwee....