Case Law Details
Case Name : DCIT Vs Damodardas Mohanlal Chokshi (ITAT Ahmedabad)
Appeal Number : I.T.A. No. 554/Ahd/2023
Date of Judgement/Order : 01/01/2025
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Ahmedabad
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DCIT Vs Damodardas Mohanlal Chokshi (ITAT Ahmedabad)
Conclusion: CIT (A) was right in its decision to delete the addition of Rs. 2.92 crore made by AO under Section 69B for alleged undervaluation of closing stock as the books of accounts was not rejected, therefore, the observation of AO that the same were not reliable
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