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Mere Absence of Bills for Wrist Watches Not Grounds for Section 69A Addition

CA Sandeep Kanoi 07 Jan 2024 1,242 Views 0 comment Print Income Tax | Judiciary

Case Law Details

Case Name : Narinder Singh Punihani Vs DCIT (ITAT Delhi)

Appeal Number : ITA No. 1743/Del/2022

Date of Judgement/Order : 09/11/2023

Related Assessment Year : 2019-20

Courts : All ITAT ITAT Delhi

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Narinder Singh Punihani Vs DCIT (ITAT Delhi)

Introduction: In a recent case, Narinder Singh Punihani Vs. DCIT, the Income Tax Appellate Tribunal (ITAT) Delhi delivered a noteworthy judgment, emphasizing that the absence of bills and invoices for wrist watches found during a search operation

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Name: CA Sandeep Kanoi

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Company: Taxguru Consultancy / Taxguru Edu

Location: Mumbai, Maharashtra, India

Member Since: 27 Feb 2017 | Total Posts: 4118

A Blogger by Passion and a Chartered Accountant by Profession. View Full Profile

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