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TMI Blog2023 (7) TMI 283X X X X Extracts X X X X X X X X Extracts X X X X ..... ner. Thus the best way forward would be to set aside the order issued u/s 148A(d). - W.P.(C) 6621/2023 CM APPLS. 25996/2023 & 25997/2023 - - - Dated:- 18-5-2023 - HON'BLE MR. JUSTICE RAJIV SHAKDHER AND HON'BLE MR. JUSTICE GIRISH KATHPALIA For the Petitioner Through: Mr Pranay Mohan Govil Ms Ritambhara Narang, Advs. For the Respondent Through: Mr Sanjay Kumar, Sr. Standing Counsel, Ms Hemlata Rawat and Easha Kadian (Jr. Standing Counsels). ORDER RAJIV SHAKDHER, J. (ORAL): 1. Issue notice. 1.1 Mr Sanjay Kumar, learned senior standing counsel, accepts notice on behalf of the respondents/revenue. 2. In view of the directions that we propose to pass, Mr Kumar says that he does not wish to file a counte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case related information details (CRID). 8. In the body of the notice dated 23.05.2022 issued under Section 148A(b) of the Act, it is broadly alleged that the petitioner has taken an accommodation entry amounting to Rs. 44,50,985/- through an entry provider in the financial year 2016-17 (AY 2017-18). 9. It is alleged that the entry provider is one, Mr Pankaj Goel, and that the aforementioned accommodation entry has been provided by him via an entity going by the name Asian Bulls Capital Private Limited (ABCPL). 10. The allegation is that the petitioner has dealt with ABCPL in connection with the shares of two companies, i.e., Shreyas Shipping and Logistics Limited, and Uniply Industries Limited. 11. It is the stand of the responde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AAHCA 2564P Asian Bulls Capital Private 2016-17 Fictitious Purchases 12760000 The share price of unlisted company were arrived after market research. It is to be noted that the exact value of unlisted shares cannot be ascertained. 13. The core of the petitioner s defense is that the CRID which is appended to the notice dated 23.05.2022 issued under Section 148A(b) of the Act, does not align with what is indicated in the body of the notice. 14. This, on the face of it, appears to be correct. It appears that the CRID which has been furnished to the petitione ..... X X X X Extracts X X X X X X X X Extracts X X X X
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