Case Law Details
Case Name : Gloria Eugenia Rynjah Banerji Vs ITO (ITAT Delhi)
Related Assessment Year : 2007-08
Courts :
All ITAT ITAT Delhi
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Gloria Eugenia Rynjah Banerji Vs ITO (ITAT Delhi)
Introduction: The Income Tax Appellate Tribunal (ITAT) Delhi’s decision in the case Gloria Eugenia Rynjah Banerji Vs ITO has ignited considerable debate in the tax law domain. The verdict essentially establishes that a technical ground alone cannot nullify income tax additions made by the Assessing Officer (AO). This article delves into the case’s details, focusing on its key aspects and implications.
The Crux of the Case: The main issue concerned an addition of Rs.2002801 made by the AO under section 68 of the Income Tax Act, which...
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This is not an ordinary mistake . The purpose of a particular section is defeated . . Section 68 applies where books of accounts are maintained by the assessee and 69A is where cash or bank deposits are found and no explanation is given by the assessee . Every section has a specific character as enshrined in law . The order can be challenged in High Court . Just my opinion .