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 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

M/s. Credai Western Unity Promoters, H-85, 2nd Floor, Sector-63, Noida, U.P. vs. The Income Tax Officer, Ward – 1(2), Ghaziabad.
February, 26th 2019
          IN THE INCOME TAX APPELLATE TRIBUNAL
               DELHI BENCHES "SMC" : DELHI

     BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER

                  ITA.No.1786/Del./2018
                Assessment Year 2013-2014

M/s. Credai Western Unity
                                  The Income Tax Officer,
Promoters, H-85, 2nd Floor,   vs. Ward ­ 1(2),
Sector-63, Noida, U.P.
                                  Ghaziabad.
PIN 201301 PAN AABAC4666N
         (Appellant)                     (Respondent)

               For Assessee :           -None-
               For Revenue : Shri S.L. Anuragi, Sr. D.R.

              Date of Hearing : 25.02.2019
      Date of Pronouncement : 25.02.2019

                          ORDER

PER BHAVNESH SAINI, J.M.

           This appeal by Assessee has been directed

against the Order of the Ld. CIT(A), Ghaziabad, Dated

01.03.2017, for the A.Y. 2013-2014.







2.         On the last date of hearing, the appeal was

adjourned on the request of the Learned Counsel for the

Assessee. However, on the date fixed for hearing, none

appeared on behalf of the assessee. It, therefore, appears

that assessee is no more interested in prosecuting the

appeal. Therefore, the appeal of the assessee is liable to be

dismissed as un-admitted.





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