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 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

ABHISHEK VERMA, C/O MR. JITENDRA GARG, ADVOCATE, CHAMBER NO. 137, PATIALA HOUSE COURT, NEW DELHI Vs. DY. CIT, CENTRAL CIRCLE-12, ARA CENTRE, JHANDEWALAN EXTN., NEW DELHI
January, 25th 2021

BEFORE SHRI H.S. SIDHU, JUDICIAL MEMBER AND

SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER

IT(SS)A NO. 2/DEL/2011

BLOCK PERIOD 01.04.1988 TO 23.03.1999

Appellant by : Sh. Himanshu Aggarwal & Sh. Lalit Mohan, CA

Respondent by : Sh. Satpal Gulati, CIT(DR)

ORDER

PER H.S. SIDHU, JM :

The Cross Appeals have been filed by the Assessee and Revenue against the impugned order dated 29.10.20210 passed by the Ld. CIT(A)-I, New Delhi for the Block Period 01.04.1988 to 23.03.1999 and against the Revenue’s appeal no. 03/Del/2011, the assessee has also filed the Cross Objection No. 189/Del/2011.

2. The assessee has filed the following grounds in IT(SS)A No. 02/Del/2011 :-

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