Sweet Sales (P.) Ltd. v. ITO (2021) 190 ITD 461 (Kol.)(Trib.)

S. 68 : Cash credits-Share capital-Share premium-Share subscriber did not appear for personal attendance-Matter remanded.

The assessee contended that Assessing Officer passed assessment order without giving proper opportunity to assessee or to share subscriber companies to comply. Tribunal held that the  assessee had filed an affidavit and submitted that it undertook to produce directors of subscriber companies and also to file all necessary evidence as required by Assessing Officer. Matter was remanded for fresh adjudication. (AY. 2012-13)