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TMI Blog2021 (8) TMI 1284X X X X Extracts X X X X X X X X Extracts X X X X ..... . ORDER PER MAHAVIR PRASAD, J.M. 1. This appeal has been filed by the Revenue is directed against the order of the Ld. CIT(A) vide Appeal No. CIT(A)-8/61/2015-16 order dated 09/05/2017 arising out of assessment order dated 27/03/2015. The revenue has taken following grounds of appeal: 1) That the order of the Ld. CIT (A) is liable to be set aside as he has admitted fresh evidence in gross vio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es for Rs. 2,43,00,000/- from Basant Marketing P. Ltd. on the basis of information received from DCIT, CC, XXVII, Kolkata. 3. Thereafter a letter u/s. 133(6) issued to the depositor, Basant Marketing P. Ltd. has submitted its confirmation for Rs. 2,43,00,000/- with copy of bank accounts reflecting the transactions therein. Thereafter by another letter Basant Marketing P. Ltd. submitted a letter s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has been examined by the Department found to be genuine. 6. We have heard both the parties and gone through the impugned order. The assessee has furnished copy of audited accounts, balance sheet and P&L account along with annexure, copy of ledger of Basant Marketing P. Ltd. And during the course of assessment proceedings, Basant Marketing P. Ltd. categorically confirmed the entry of Rs. 2,43,00, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Marketing P. Ltd. who was assessed to tax with them who provided accommodation entry and Department issued notice and Ld. A.O. made addition in the case of Harsh Dalmia. 8. Thereafter in appeal before the Ld. CIT(A) relief was granted to the assessee and thereafter Department appeal was dismissed by the ITAT holding that activities of Basant Marketing are found to be genuine. And thereafter no a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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