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Case Law Details

Case Name : Shantaben Fathechand Mehta Vs ITO (ITAT Mumbai)
Appeal Number : I.T.A. No.6698/Mum/2019
Date of Judgement/Order : 31/01/2024
Related Assessment Year : 2014-15
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Shantaben Fathechand Mehta Vs ITO (ITAT Mumbai)

Introduction: The recent case of Shantaben Fathechand Mehta Vs ITO (ITAT Mumbai) highlights the complexities surrounding share purchase discrepancies and tax assessment. The Assessee’s declaration of income faced scrutiny due to missing details regarding the purchase of shares. This article delves into the proceedings, analysis, and outcome of the case.

Analysis: The Assessee declared income, includin

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