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Case Law Details

Case Name : DCIT Vs NIBR Bullion Pvt. Ltd. (ITAT Mumbai)
Appeal Number : ITA No. 6320/MUM/ 2011
Date of Judgement/Order : 05/12/2022
Related Assessment Year : 2009-10
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DCIT Vs NIBR Bullion Pvt. Ltd. (ITAT Mumbai)

ITAT Mumbai held that addition merely on the basis of confession during the course of search operation without supporting evidence is unsustainable in law.

Facts- During search proceedings, statement of Ajay C.

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