Assessee’s AO cannot question Creditor’s Income Tax Return instead he should inquire with creditor’s AO

CIT Vs. Dataware Pvt. Ltd. (Calcutta High Court) Assessee’s AO cannot question Creditor’s Income Tax Return instead he should inquire with creditor’s AO The assessee  company received  share application money of Rs. 1 Crore from M/s. Harrington Traders Pvt. Ltd. (hereinafter referred  to as the creditor). During the assessment proceedings the assessee company submitted the confirmation letter of the creditor, details of the transaction, namely, its PAN etc. to the  Assessing  Officer during the second round of assessment proceeding. As per direction of the Tribunal below the Ass...