M/s Industrial Filters and Fabrics Pvt. Ltd., Indore V. The ACIT 5(1), Indore
ITA 404/IND/2012
2007-2008
Pronouncement Date: -
Result: Partly Allowed
Unexplained cash creditBogus Share capital Business expenditureOpportunity of being heardPrinciple of natural justiceEarning of tax free incomeSource of fundquestion of lawinitiation of penalty proceedingsreasonable cause+4 More
143(3)14A133(6)68