2024 (9) TMI 1725

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....SH SHARMA And HON'BLE MR. JUSTICE SANJAY VASHISTH Mr. Yogesh Putney, Sr. Standing Counsel and Mr. Vaibhav Gupta, Standing Counsel for the appellant ORDER SANJEEV PRAKASH SHARMA, J. ( Oral ) 1. Present appeal has been preferred against the order dated 27.02.2024, passed by the Income Tax Appellate Tribunal (for brevity, 'ITAT') passed in ITA No.232/CHD/2023, for the Assessment Year ....

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.... raised several queries and had also demanded documents, the details of which have been mentioned in the ITAT order, which is quoted as under:- "12. So far as the issue relating to the issue of shares to the two companies namely M/s Takecare India Pvt. Ltd. And Videocon Realty infrastructure Ltd. Was concerned, the assessee explained that the AO had made adequate enquiries on this issue a....

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....f of genuineness of transaction in respect of fresh credit of the share capital account. 3) The valuation report with respect to the working of EPS. 4) The comparison of the working of EPS with the immediately prior instance, wherein the shares were allotted. 5) The year wise details of dividend declared during the year and three earlier years." 6. Therefore, it is no....