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Case Law Details

Case Name : AKM Associates Vs ITO (ITAT Delhi)
Related Assessment Year : 2022-23
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AKM Associates Vs ITO (ITAT Delhi)

Assessee, in its first year of business, faced estimation of net profit @2% by AO. During appellate proceedings, Assessee furnished additional evidences before CIT(A), which were admitted and even subjected to remand proceedings. However, CIT(A) failed to adjudicate or record any finding on su

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Author Bio

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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