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Case Law Details

Case Name : Lakhmi Chand Tejoo Mal Vs ACIT (ITAT Delhi)
Related Assessment Year : 2011-12
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Lakhmi Chand Tejoo Mal Vs ACIT (ITAT Delhi)

MULTIPLICITY OF ERRORS IN REASONS MAKE REASSESSMENT VOID

 The ld. counsel for the assessee vehemently stated that 11 entries have been shown in the information and it can be seen that there are repetition of same entries/amounts and the Assessing Officer has, in fact, at para -6 of his order considered only 4 entries where total unsecured loan amount comes to Rs. 75 lakhs and information is in respect of amount of Rs. 2.05 crores.

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Author Bio

Mr.Kapil Goel B.Com(H) FCA LLB, Advocate Delhi High Court advocatekapilgoel@gmail.com, 9910272804 Mr Goel is a bachelor of commerce from Delhi University (2003) and is a Law Graduate from Merrut University (2006) and Fellow member of ICAI (Nov 2004). At present, he is practicing as an Advocate View Full Profile

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