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Archive: 20 February 2025

Posts in 20 February 2025

Projected Sales cannot be treated as income without corroborative evidences

February 20, 2025 1164 Views 0 comment Print

Delhi HC dismisses Revenue’s appeal against ITAT order in Vatika Landbase case, ruling no basis for income addition. ITAT’s findings upheld.

No additions based solely on survey statements without supporting material

February 20, 2025 1626 Views 0 comment Print

ITAT Indore partly allows Saaras Agro’s appeal, ruling on Section 69 and 115BBE additions. Key judicial precedents and CBDT circulars cited.

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