This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No Addition on estimation basis without Rejecting Books of Accounts: Delhi HC
Case Law Details
- Case Name
- PCIT Vs Forum Sales Pvt. Ltd. (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
PCIT Vs Forum Sales Pvt. Ltd. (Delhi High Court)
Introduction: In a significant ruling, the Delhi High Court in the case of PCIT Vs Forum Sales Pvt. Ltd. has set a precedent concerning the addition of income without rejecting the books of accounts under the Income Tax Act, 1961. This decision comes against the backdrop of appeals filed by the Revenue against the Income Tax Appellate Tribunal (ITAT)’s order for the Assessment Years (AY) 2013-14 and 2014-15.
Detailed Analysis: The crux of the matter revolved around various additions made by the Assessing Officer (AO) to ...
Author Info
