Case Law Details
Case Name : SKZ Developers LLP Vs ACIT/DCIT Cent. (ITAT Ahmedabad)
Related Assessment Year : 2021-22
Courts :
All ITAT ITAT Ahmedabad
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SKZ Developers LLP Vs ACIT/DCIT Cent. (ITAT Ahmedabad)
ITAT Ahmedabad Deletes ‘On-Money’ Additions in Real Estate Projects: Loose Sheets & Offer Rates Cannot Replace Evidence
The Ahmedabad Bench of the ITAT allowed the assessee’s appeals and dismissed the Revenue’s appeals for AYs 2021-22 and 2022-23, holding that additions on account of alleged “on-money” receipts in real estate projects Privilon and Please become a Premium member. If you are already a Premium member, login here to access the full content.
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