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Case Law Details

Case Name : Alok Anand Vs ITO (ITAT Bangalore)
Related Assessment Year : 2011-12
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Alok Anand Vs ITO (ITAT Bangalore)

ITAT Bangalore: CIT(A) cannot travel beyond Reopening Reasons – Additions on Share Trading Deposits Quashed

Assessee, a UK-based professional, had not filed returns for AYs 2011-12 & 2012-13. Based on information from the Investigation Wing,  AO reopened assessments u/s 147/148 alleging Cash deposits in bank accounts &   Large

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