Sponsored
    Follow Us:

Case Law Details

Case Name : M/s. Wisdom Realtors Pvt. Vs ACIT (ITAT Delhi)
Related Assessment Year : 2006-2007, 2007-2008 & 2008-2009
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

M/s. Wisdom Realtors Pvt. Vs ACIT (ITAT Delhi)

Conclusion:

Since assessment under section 153C was made only on the basis of incriminating documents such as balance sheet and profit and loss account which were not related to assessment years under appeals, therefore, assessment was invalid as no incriminating material was found during the course of search to proceed against the assessee.

Held:

AO initiated searc

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published.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

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31