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

ITAT Cochin upholds additions– Rejects Mechanical approval & No-Incriminating material Arguments

Case Law Details

Case Name
K.K. Radhakrishnan Vs DCIT (ITAT Cochin)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2007-08
Advertisement K.K. Radhakrishnan Vs DCIT (ITAT Cochin) Cochin ITAT  has upheld the additions made on K.K. Radhakrishnan, proprietor of K.K. Wood Crafts & partner in K.K. Group, rejecting his pleas on “mechanical approval”  u/s 153D & absence of incriminating material. Assessee, engaged in real estate, construction & bar & restaurant business, was subjected to a search  u/s 132 on 26.09.2012. Seized material indicated unaccounted income from a BOT bus stand project & liquor sales. Pursuant to the search,  AO completed assessments u/s 153A r.w.s. 143(3) for the imp...
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 Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,940

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Your email address will not be published.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 *