2023 (12) TMI 1041

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....or the Respondent Through: Mr Sanjay Kumar, Sr Standing Counsel. RAJIV SHAKDHER, J. (ORAL): CM No. 62029/2023 1. Allowed, subject to the appellant filing legible copies of the annexures, at least three days before the next date of hearing.  ITA 677/2023, CM No. 62028/2023 [Application filed on behalf of the appellant seeking interim relief] & CM No.62030/2023 [Application filed on....

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....econd round. In the first round, via the order dated 11.03.2016, the Tribunal had remanded the matter to the AO, in view of the remand report dated 25.02.2012 submitted by the AO to the CIT(A), in the first round. 6. The Tribunal was of the opinion that a thorough inquiry had to be made, having regard to the observations of the AO that no evidence was available with the revenue which could esta....

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....issued to certain entities, which invested the money received by them in the equity share capital of other companies. 8. The record shows that the appellant/assessee had, in fact, submitted a list comprising 280 investors. Out of the 280 investors, it appears that 89 had reported that they had not entered into any transaction with the appellant/assessee. 9. Insofar as the remaining investors....