Case Law Details
K.Gomathi Vs DCIT (ITAT Chennai)
ITAT Chennai held that assessee already admitted the fact of not disclosing four properties in the books of accounts and thereafter couldn’t explain the source of the purchase of four properties. Claiming that the same is gift from her husband is just an afterthought. Accordingly, additions sustainable.
Facts-
The assessee had also filed a petition for admission of additional grounds and taken a legal ground challenging validity of assessment order passed by the AO u/s.143(3) r.w.s.153C of the Act, in absence of notice u/s.153A of the Act. The Ld. Counsel for the assessee contended that legal ground taken by the assessee is purely a question of law which goes to root of the matter and thus, the same can be taken at any time of the proceedings including proceedings before the Tribunal and thus, petition filed by the assessee may be admitted.
Conclusion-
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