Case Law Details
Case Name : Iris Clothings Limited Vs DCIT (ITAT Kolkata)
Related Assessment Year : 2013-14
Courts :
All ITAT ITAT Kolkata
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Iris Clothings Limited Vs DCIT (ITAT Kolkata)
ITAT Kolkata held that addition u/s. 68 as unexplained cash credit unjustified as assessee has filed all the evidences concerning transactions to establish the identity and creditworthiness of the lenders and to prove the genuineness of the transactions.
Facts- The appellant has mainly contested against the confirmation of addition of CIT(Appeals) of 3,57,85,862/- as made by Assessing Officer under section 68 of the Income Tax
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.