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Case Law Details

Case Name : Aayojan Developers Vs ITO (Gujarat High Court)
Related Assessment Year :
Aayojan Developers Vs ITO (Gujarat High Court at Ahemdabad) Merely because of the fact that the assessee had asserted that it is a developer in the returns filed by him, it cannot be said that there is any failure on the part of the petitioner to disclose fully and truly all material facts. At best, the petitioner has made a claim along with supporting documents, namely, development agreements for construction of housing projects, etc. and based upon the said documents, the Assessing Officer had formed an opinion and granted deduction under section 80-IB(10) of the Act. As to whether in a give...
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