Case Law Details
Case Name : Shri Mukesh Baldevraj Bajaj Vs ITO (ITAT Mumbai)
Appeal Number : ITA No. : 3429/Mum/2011
Date of Judgement/Order : 02/03/2012
Related Assessment Year : 2007-08
Courts :
All ITAT ITAT Mumbai
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It is not in dispute by either of the parties that the provisions of section 41(1) are not applicable. The issue here now remains as to whether advances received towards booking by the various persons in the earlier years and as reflected in the balance sheet are genuine or not. From a perusal of the balance sheet fo
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