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Case Law Details

Case Name : Ashok Kumar Banthia Vs DCIT (ITAT Jodhpur)
Related Assessment Year : 2012-13
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Ashok Kumar Banthia Vs DCIT (ITAT Jodhpur)

It is also an admitted fact that the affidavit filed by Shri Ashok Todi, which is at page No. 13 of the paper book who was director of M/s Lux Industries Ltd. had categorically admitted that on 19/04/2011, the assessee was carrying amount of Rs. 25.00 lacs in cash on behalf of the company from Delhi office to its head office at Kolkata. The said statement of Shri Ashok Todi, director of M/s Lux Industries Ltd. was never cross examined by the A.O.. Apart from this, the A.O. also did not collect any other materia

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