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Case Name : Nirbhay Singh Suliya Vs State of Madhya Pradesh & Anr. (Supreme Court of India)
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Nirbhay Singh Suliya Vs State of Madhya Pradesh & Anr. (Supreme Court of India)

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In Nirbhay Singh Suliya vs. State of Madhya Pradesh & Anr., Civil A

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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

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Recorded Sales Cannot Be Taxed Again U/s 68; Additions Based Only on Third-Party Statement Deleted On-Money Addition for Flat Purchase Deleted; Builder’s General Statement Alone Not Enough Bogus Purchase Cases: Only Profit Element Taxable; 4% GP Addition Upheld Assessment on Amalgamated Company Held Void for Lack of Jurisdiction Penalty for Non-Compliance Deleted as Venial Breach Where Assessments Accepted Returned Income View More Published Posts

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