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ITAT Ahmedabad Remands DVO Addition & Demonetisation Cash Deposit Issue
Case Law Details
- Case Name
- Corner Point Infrastructure Pvt. Ltd. Vs ACIT (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Ahmedabad
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Corner Point Infrastructure Pvt. Ltd. Vs ACIT (ITAT Ahmedabad)
ITAT Ahmedabad Remands DVO-Based Addition and Demonetisation Cash Deposit Issue: Books Not Rejected, Assessee Not Confronted
The Ahmedabad Bench “D” of the ITAT partly allowed the assessee’s appeals for AYs 2017-18 and 2018-19 by remanding the matters to the Assessing Officer for fresh adjudication. The assessee, a real estate developer, faced additions of ₹36.93 crore under section 69 on account of alleged unexplained investment based solely on the DVO’s valuation report, and ₹66.29 lakh under section 68 for cash depos...





