Case Law Details
Case Name : PCIT Vs Arshia Global Tradecom Private Limited (Calcutta High Court)
Related Assessment Year : 2011-12
Courts :
All High Courts Calcutta High Court
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PCIT Vs Arshia Global Tradecom Private Limited (Calcutta High Court)
In the case on hand the reassessment proceedings, the assessee was unable to justify the genuineness of the transactions. The assessee failed to produce original cash memos and bills for the sales alleged to have been effected and to substantiate the cash deposit into their bank accounts. During the scrutiny assessment based on the information received from the investigation wing, notice under Section 142(1) was issued to the assessee requi
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