2025 (4) TMI 1998

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.... the Assessee : Shri Ashwani Kumar, CA, Shri Aditya Kumar,CA & Ms.Muskan Garg, CA For the Revenue : Dr. Ranjit Kaur, Addl. CIT Sr.DR ORDER PER RAJPAL YADAV, VP The assessee is in appeal against the orders of ld. Commissioner of Income Tax (Appeals) [in short 'the CIT (A)'] dated 07.01.2019 and 11.01.2019 passed for assessment year 2007-08 and 2012-13 respectively. 2. The solitary su....

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....WIP. The ld. CIT(A) has confirmed the addition in assessment year 2007-08 and partially deleted in assessment year 2012-13. Addition has been confirmed at Rs. 1,06,76,847/-. 4. On due consideration of the record, we find that assessee has more interest free funds than total value of WIP. The ld. Counsel for the assessee drew our attention towards page No. 33 and 56 of the Paper Book filed in as....

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....right Enterprises (P) Ltd Vs CIT 381 ITR 107 (P&H.) c) CIT Vs Kapson Associates 381 ITR 204 (P&H.) d) CIT Vs Max India Ltd. 398 ITR 209 (Pb.) e) CIT Vs Max India Ltd (2016) 388 ITR 81 (P&H) f) Gordrej & Boyce Manufacturing Co. Ltd Vs DCIT (2017) 394 ITR 449 (SC) g) CIT Vs Reliance Ind Ltd. 410 ITR 466 (SC) h) CIT v/s Reliance Utilities & Power ....