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Section 115BE Addition: Madras HC Sets Aside Non-Speaking NFAC Order
Case Law Details
- Case Name
- Sohan Raj Khanted Guvanthraj Vs CIT (Appeals) (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Madras High Court
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Sohan Raj Khanted Guvanthraj Vs CIT (Appeals) (Madras High Court)
Introduction: The Madras High Court, in a significant decision, has set aside an appellate order dated 11.10.2023, wherein the Commissioner of Income Tax (Appeals) rejected the appeal filed by Sohan Raj Khanted Guvanthraj. The case revolves around the inclusion of Rs.23 Crores as income under Section 68 of the Income Tax Act, 1961, proposed to be taxed under Section 115BBE.
Detailed Analysis: Sohan Raj Khanted Guvanthraj filed income tax returns for the assessment year 2020-2021, declaring a total income of Rs.53,10,01,450. The ...





