Ingredient about a bona fide claim is that assessee should be able to show or prove some intermediate steps in whole process of transaction

ITAT AHMEDABAD “D” BENCH, AHMEDABAD,

Goyal Industries Ltd. Vs. Dy. CIT,

APPEAL NO: ITA No. 702/Ahd/2008,

DECIDED ON May 28, 2010

ORDER

PER D.C.Agrawal, Accountant Member:-

This appeal is filed by assessee raising following grounds:-

“1. That Hon’bl

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