Case Law Details
Case Name : Ekdanta Land Pvt. Ltd. Vs ITO (ITAT Pune)
Appeal Number : ITA No.1400/PUN/2015
Date of Judgement/Order : 17/10/2018
Related Assessment Year : 2009-10
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Ekdanta Land Pvt. Ltd. Vs ITO (ITAT Pune)
Conclusion –
Papers seized fro the premises of Group Company could not be relied upon for making additions in the hands of the assessee whose names appeared in the said documents.
Facts –
Search u/s 132 was initiated in the Jai Corp Group and the search resulted into seizure of various incriminating evidences, documents, loose papers etc. and documents revealed details of land transaction in 62 companies and the assessee is one amongst them.
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