Case Law Details
Case Name : DCIT Vs Tripoli Management Pvt. Ltd. (ITAT Ahmedabad)
Appeal Number : ITA No. 5/Ahd/2024
Date of Judgement/Order : 01/08/2024
Related Assessment Year : 2016-17
Courts :
All ITAT ITAT Ahmedabad
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DCIT Vs Tripoli Management Pvt. Ltd. (ITAT Ahmedabad)
ITAT Ahmedabad held that addition u/s. 68 on account of unexplained cash credit, being bogus unsecured loan, and u/s. 69C on account of unexplained expenditure, being bogus interest claimed, unjustified as repayment of loans in subsequent year accepted.
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