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ITAT Denies Exemption u/s 10(38) for Sham Transaction with Paper Companies
Case Law Details
- Case Name
- Archana Rajendra Malu Vs ITO (ITAT Pune)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2015-16
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Archana Rajendra Malu Vs ITO (ITAT Pune)
Introduction: In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Pune addressed a case involving Archana Rajendra Malu and the denial of tax exemption under Section 10(38) of the Income Tax Act due to her involvement in sham transactions with paper companies. The ITAT upheld the order of the Commissioner of Income Tax (Appeals) (CIT(A)) in this matter.
Detailed Analysis:
Background of the Case: Archana Rajendra Malu’s case involved an appeal against the common order dated 03-10-2018 passed by the Commissioner of Income Tax (Appeals)-2, K...





