Addition Based on mere Loose Papers & Third-Party Statement deleted

CA Vijayakumar Shetty 13 Aug 2025 1,152 Views 2 comments Print Income Tax | Judiciary

Case Law Details

Case Name : Laxmichand Jethalal Dedhia Vs ITO (ITAT Mumbai)

Related Assessment Year : 2012-13

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Laxmichand Jethalal Dedhia Vs ITO (ITAT Mumbai)

ITAT Mumbai deleted Income Tax Addition under section 69A & 69C based on mere Loose Papers & Third-party Statement without corroboration

A search & survey action u/s 132 was carried out in the case of M/s Evergreen Enterprises, in which Shri Nilesh Bharani ( NB) was a partner. Based on certain documentary evidences found during the search & the statement of Shri N B re

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Author Bio

Name: CA Vijayakumar Shetty

Qualification: CA in Practice

Company: Shetty & Co, Chartered Accountants, Mangalore

Location: Mangalore, Karnataka, India

Member Since: 17 Feb 2018 | Total Posts: 4451

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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August 18, 2025 at 2:06 pm
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