Kesha Appliances Pvt. Ltd v. ITO ( 2018) 63 ITR ( Trib) 294 ( Delhi) (Trib)

S. 68: Cash credits- Sale of shares – Offline transactions- Merely on the ground that six companies failed to reply to notices issued to them, addition was held to be not justified . [ S. 133(6)]

Allowing the appeal of the assesse, the Tribunal held that; merely on the ground that six companies failed to reply to notices issued to them, addition was held to be not justified , when the assesse had furnished all the necessary details of six companies along with the permanent account numbers .( AY. 2012-13)