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Reopening Quashed; Labour Income Already Disclosed & 26AS TDS Reflected; Revenue Appeals Dismissed: ITAT Ahmedabad
Case Law Details
- Case Name
- ITO Vs Raghavbhai Gordhanbhai Narola (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All ITAT, ITAT Ahmedabad
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ITO Vs Raghavbhai Gordhanbhai Narola (ITAT Ahmedabad)
Reopening Based on Investigation Wing Info Quashed – Labour Income Already Disclosed & TDS Reflected in 26AS – Revenue Appeals Dismissed – ITAT Ahmedabad
The AO reopened assessments for AYs 2013-14, 2015-16 & 2016-17 alleging bogus job-work transactions and unexplained credits based on STR/investigation wing information relating to diamond job work receipts from Kiran Gems Pvt. Ltd. However, the assessee demonstrated that the amounts were genuine labour income duly disclosed in audited books, reflected in ROI and supported by ...




