Income from Accommodation Entries Restricted to 8% on Estimation Basis

Sh. Purushttam Lal Soni Vs ACIT (ITAT Delhi)

153A Additions Upheld on Seized Electronic Data, But Income Restricted to 8% on Accommodation Entries

Delhi Bench of the ITAT partly allowed the Assessee’s appeals arising from search assessments u/s 153A r.w.s. 143(3). The Tribunal rejected the Assessee’s core jurisdictional challenge based on Kabul Chawla, holding that substantial incriminating electronic material in the fo

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