This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No section 68 addition can be made for non-recording of Statement on Oath by mere one Person
Case Law Details
- Case Name
- Prerna Developers Vs ITO (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All ITAT, ITAT Ahmedabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Prerna Developers Vs ITO (ITAT Ahmedabad)
In the remand report it has been stated by the assessing officer that summons were issued to 14 persons under section 131 of the Act and out of 14 persons 13 persons responded and that the recording their statement/s under section 131 of the Act was concluded. The assessing officer has further stated that one of the persons Sh. Sanjay Patel could not attend the office as he was abroad. It has been further stated in the remand report that the creditworthiness and the genuineness of the transactions were examined on oath and it is verified from the state...
