Case Law Details
Case Name : DCIT Vs Vankadara Padmavathi (ITAT Bangalore)
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Bangalore
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
DCIT Vs Vankadara Padmavathi (ITAT Bangalore)
Conclusion: Addition of Rs.10 Crore under Section 271(1)(c) was not justified as Revenue failed to specify whether the addition was being made alleging concealment of income or for furnishing inaccurate particulars of income.
Held: Assessee was proprietor of M/s. Mineral Embassy, which was engaged in procurement and export of iron ore. Assessee filed return of income declaring total income of Rs. 1,71,350 and was issued statutory notices. During the course of assessment proceedings, it was foun
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.