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Banking Trail Alone Not Enough: Two Loans Face Fresh U/s 68 Probe

Case Law Details

Case Name : DCIT Vs R B & Co. (ITAT Surat)
Related Assessment Year : 2017-18
Courts : All ITAT ITAT Surat
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DCIT Vs R B & Co. (ITAT Surat)

Repaid Loans Pass Muster; Outstanding Ones Face Fresh Test- Section 68 Split Verdict: Two Loans Upheld, Two S

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Author Bio

Name: CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka, India
Member Since: 17 Feb 2018 | Total Posts: 3974
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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