Case Law Details
Case Name : ACIT Vs Om Prakash Arora (ITAT Delhi)
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Delhi
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ACIT Vs Om Prakash Arora (ITAT Delhi)
Reopening Upheld; Deemed Dividend & Section 14A Deletions Confirmed, but Short-Term Capital Loss on Property Reversed
The Delhi Bench of the ITAT delivered a detailed ruling covering reopening, deemed dividend, section 14A disallowance, cash deposits, sundry creditors, commission payments, and large property transactions for AYs 2015-16 and 2016-17.
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