Case Law Details
Case Name : Abdulmannan Mohammedkasad Bastawala Vs ITO (ITAT Ahmedabad)
Related Assessment Year : 2012-13
Courts :
All ITAT ITAT Ahmedabad
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Abdulmannan Mohammedkasad Bastawala Vs ITO (ITAT Ahmedabad)
The case of Abdulmannan Mohammedkasad Bastawala vs. Income Tax Officer (ITO) involved appeals filed by the assessee challenging the penalties imposed under Section 271(1)(b) of the Income Tax Act for the assessment years (A.Ys.) 2012-13 and 2013-14. The Assessing Officer (AO) had observed that the assessee incurred significant credit card expenditures totaling ₹19,96,363, which were deemed unexplained. The assessee claimed these transactions were unauthorized, stating that his credit cards were misused by a now-abscondin
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.