Court :
ITAT New Delhi
Brief :
This is an appeal filed by the assessee USEKIWI INFOLABS PVT LTD [ TheAssessee/ Appellant] against the order of the Commissioner of Income Tax(Appeals) – 9, , New Delhi [ld CIT(A)] dated 30.09.2019 for the AY 2016-17wherein the appeal of the assessee filed against the order passed u/s 143 (3)of The Income Tax Act (The Act) on 31/5/2019 by the income tax officerWard – 27 (2) New Delhi (The Learned AO) is dismissed. The only issue inthis appeal is the addition u/s 68 of The Income Tax Act of Rs.1,67,50,000/– received by the assessee as share capital and share premium from Messer’s KStart LLC, Mauritius.
Citation :
ITA No. 8339/Del/2019
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