Sponsored
    Follow Us:

Case Law Details

Case Name : ACIT Vs Pavani Structurals Pvt. Ltd. (ITAT Hyderabad)
Related Assessment Year : 2016-17
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

ACIT Vs Pavani Structurals Pvt. Ltd. (ITAT Hyderabad)

ITAT Hyderabad held that determination of sale consideration on the basis of some statements without bringing any concrete material in support of his claim, is not correct. Accordingly, addition is liable to be deleted and appeal filed by revenue dismissed.

Facts- Search and seizure operation u/s. 132 of the Income Tax Act, 1961 was carried out in the group of M/s. Western Constructions, Hyderabad along with M/s. Pavani Structurals Pvt. Ltd. (“the assessee”) on 02.11.2016. Accordingly, AO completed th

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31