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

ITAT Ahmedabad Quashes ₹3.68 Cr Additions Based on WhatsApp & Loose Sheets

Case Law Details

Case Name
DCIT Vs Riddhesh Girishbhai Bhandari (ITAT Ahmedabad)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2022-23
Advertisement
DCIT Vs Riddhesh Girishbhai Bhandari (ITAT Ahmedabad) ITAT Ahmedabad Quashes ₹3.68 Cr Additions on WhatsApp & Loose Sheets – No Nexus with Assessee; Tribunal Rejects Revenue’s Guesswork-Based Additions Revenue appealed against CIT(A)’s order deleting additions of over ₹3.68 crore made during assessment pursuant to a search in the AGL Group (26.05.2022), which also covered the assessee’s residence. AO had assessed income at ₹13.31 crore against returned income of ₹9.58 crore, making additions: Unsecured loan treated as unexplained money u/s 69A – ₹1,47,31,479/-, plus i...
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: 5,494

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Your email address will not be published.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 *