Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Addition u/s 69B based on incriminating material found during search action sustained

Case Law Details

Case Name
Anil Kantilal Shah Vs CIT (ITAT Mumbai)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2020-21
Advertisement Anil Kantilal Shah Vs CIT (ITAT Mumbai) ITAT Mumbai held that addition under section 69B of the Income Tax Act towards unexplained investment sustained excel sheet and whatsapp chat are incriminating material found and seized during the course of search action. Facts- A search and seizure action u/s 132 of the Act was carried out on 26.11.2019 at the branch offices, site offices, residences of the partners and employee of M/s Narendrakumar & Company (Everest Masala Group) along with related parties. The assessee Shri Anil Kantilal Shah was the proprietor of M/s Om Kesar an...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published.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