Follow Us:
  2. Income Tax
  3. Judiciary

Bogus Purchase Theory Rejected; Section 69C Section 68 Additions Deleted in Full

Case Law Details

Case Name : Gargi Overseas Pvt. Ltd Vs ITO (ITAT Delhi)
Related Assessment Year : 2017-18
Courts : All ITAT ITAT Delhi
Become a Premium member to Download. If you are already a Premium member, Login here to access.

Gargi Overseas Pvt. Ltd Vs ITO (ITAT Delhi)

The Delhi Bench of the ITAT partly allowed the appeal of Gargi Overseas Pvt. Ltd. for AY 2017-18 and deleted substantial additions made under sections 69C and 68 of the Income-tax Act.

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

Tags:

Kindly Refer to Privacy Policy & Complete Terms of Use and Disclaimer.

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: 4550
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

My Published Posts

Suppressed Sales Addition Deleted: KOT Data and Survey Admissions Without Corroboration Not Valid Penalty U/s 270A Set Aside as U/s 270AA Immunity Denied Due to Form 68 Glitch – ITAT Remands Case Denial of U/s 80G Approval to Educational Trust Held Unjustified – ITAT Directs CIT(E) to Grant Approval Construction Cost Disallowance in Capital Gains Set Aside; AO to Examine Valuation Report Reassessment Notice Issued to Deceased Person Invalid – Entire Proceedings u/s 147 Quashed – ITAT Bangalore View More Published Posts

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

Latest Posts

View All Posts
Ads Free tax News and Updates

Featured Posts

View All Featured Posts

Popular Posts

Search Post by Date
March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031