Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Addition Based on Loose Papers Without Evidence Not Permissible in Law

Case Law Details

Case Name
DCIT Vs Aarya Developers (ITAT Ahmedabad)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2014-15
Advertisement
DCIT Vs Aarya Developers (ITAT Ahmedabad) The case of DCIT vs. Aarya Developers before the ITAT Ahmedabad is a landmark in the annals of tax jurisprudence, particularly in the domain of real estate development and construction. This legal battle, culminating in a decision on January 12, 2024, revolves around the contentious issue of unaccounted profits from the construction business for the Assessment Year 2014-15. At the heart of the dispute were the additions made by the Revenue to Aarya Developers’ income, alleging unaccounted profits from the sale of flats and penthouses in thei...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,295

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *