Case Laws Analysis Distinguished on Ashutosh Bhargava v. Pr. CIT 2022 TaxPub(DT) 0731 (Jp-Trib) Applied on Kanha Capital Services Ltd. v. Pr. CIT 2021 TaxPub(DT) 5909 (Del-Trib) Relied on Nirmal Gupta v. Pr. CIT 2021 TaxPub(DT) 3404 (Del-Trib) Distinguished on Kalinga Conduits Electricables (P) Ltd. v. Pr. CIT 2021 TaxPub(DT) 1599 (Del-Trib) Distinguished on Dwarkadhis Buildwell (P) Ltd. v. CIT 2019 TaxPub(DT) 5897 (Del-Trib) Relied on Shri Sai City Promoters & Developers (P) Ltd. & Ors. v. Pr. CIT 2019 TaxPub(DT) 1537 (Del-Trib) Followed on Rajeev Agarwal v. Pr. CIT 2018 TaxPub(DT) 3835 (Del-Trib) Affirmed Daniel Merchants (P) Ltd. & Anr. v. ITO & Anr. 2017 TaxPub(DT) 5196 (Cal-HC) Impliedly approved Pragati Financial Management Pvt. Ltd. & Ors. v. CIT 2017 TaxPub(DT) 1246 (Cal-HC) Impliedly approved Rajmandir Estates (P) Ltd. v. Pr. CIT 2016 TaxPub(DT) 2834 (Cal-HC) Appproved Rajmandir Estates (P) Ltd. v. Pr. CIT 2016 TaxPub(DT) 2834 (Cal-HC) SUBSCRIBE FOR FULL CONTENT The Tax Publishers2017 TaxPub(DT) 5217 (SC) SUBSCRIBE FOR FULL CONTENT