Case Law Details
Case Name : K.S. Chawla & Sons (HUF) Vs JCIT (ITAT Delhi)
Appeal Number : SA No.797/Del/2019
Date of Judgement/Order : 28/08/2019
Related Assessment Year :
Courts :
All ITAT ITAT Delhi
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K.S. Chawla & Sons (HUF) Vs JCIT (ITAT Delhi)
In the case of K.S. Chawla & Sons (HUF) Vs JCIT, the ITAT Delhi held that amounts considered as undisclosed income cannot simultaneously be considered as loans to attract penalties under Section 271D of the Income Tax Act. The appellants had been subjecte
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