"31 January 2010" Archive

Mere making of a claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars

A.D.I.T. Vs. Fidelity Management & Research Co. (ITAT Mumbai)

CIT vs Reliance Petro Products (P) Ltd. (322 ITR 158) Supreme Court- It was held that a mere making of the claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars regarding the income of the assessee and if the contention of the Revenue to this effect is accepted then in case...

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