Follow Us:

Case Law Details

Case Name : Om Prakash Girgaonkar Vs ITO (ITAT Bangalore)
Related Assessment Year : 2016-17
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Om Prakash Girgaonkar Vs ITO (ITAT Bangalore) Assessee filed an appeal against the order of NFAC which had upheld the reassessment made u/s 147 r.w.s 144.  Assessee, an individual, is a non filer of return. order u/s. 148A(d)  was passed wherein it was found that assessee has made a payment for purchase of immovable property & tax deducted u/s. 194IA is of Rs.124,05,708. Assessee has deposited a cash of Rs.13,05,000 in Corporation Bank & further has purchased immovable property valued at Rs.30 lakhs or more amounting to Rs.145,09,600. The total of escaped income was Rs.282,20,308. Tr...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.

Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

My Published Posts

Reopening Fails on Both Counts: Invalid Sec 148A Notice and Time-Barred Sec 148 Render Assessment Void Coffee Income: Rule 7B Overrides Rule 7 – ITAT Remands for Segregation of Own vs Purchased Produce Duty Drawback Taxable Only on Receipt – ITAT Deletes Addition & U/s 270A Penalty Skill Development = “Education” – ITAT Allows Sec 11 Exemption to Charitable Trust No Penalty for Wrong Claim or Head of Income – ITAT Deletes Section 271(1)(c) Penalty View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published.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

Ads Free tax News and Updates
Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930