Case Law Details
Case Name : Shree Sai Constructions Vs NFAC (ITAT Mumbai)
Related Assessment Year : 2018-19
Courts :
All ITAT ITAT Mumbai
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Shree Sai Constructions Vs NFAC (ITAT Mumbai)
The Income Tax Appellate Tribunal (ITAT), Mumbai, in the matter of Shree Sai Constructions v. NFAC, Delhi (Income Tax Appeal No. 4616/MUM/2025, dated 30th September 2025), has set aside the orders of the lower authorities and restored the case to the file of the Assessing Officer (AO) for a fresh, de novo adjudication. The core issue revolved around significant additions made to the appellant’s income under the heads of capital gains arising from a Joint Development Agreement (JDA) and an alleged difference in property valuation, for the Ass...
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Thanks for sharing case law