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Income Tax Addition Quashed for Non-Consideration of Submitted Proofs
Case Law Details
- Case Name
- Pawan Kumar Sharma Vs ITO (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2011-12
- Courts
- All ITAT, ITAT Delhi
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Pawan Kumar Sharma Vs ITO (ITAT Delhi)
AIR Triggered 147 Fails: Confirmations, FDRs & Capital Withdrawals Save Assessee -Ex Parte 147 Cannot Survive When Evidence Speaks- No Unexplained Investment: ITAT Accepts Complete Fund Flow, Assessment Annu
In this appeal of Pawan Kumar Sharma Vs ITO, arising from reassessment framed u/s 144/147 in connection with an AIR-based purchase of immovable property for ₹70,00,000, Tribunal noted that the assessment was completed ex parte & the Ld. CIT(A) confirmed ₹55,00,000 despite detailed additional evidence demonstrating complete explanation of f...




