This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No income Tax addition based on document’s which did not explicitly mention assessee’s name
Case Law Details
- Case Name
- PCIT (Central-2) Vs. Salarpuria Properties Pvt. Ltd. (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
PCIT (Central-2) Vs. Salarpuria Properties Pvt. Ltd. (Calcutta High Court)
In the case of PCIT (Central-2) Vs. Salarpuria Properties Pvt. Ltd., the Calcutta High Court upheld the Income Tax Appellate Tribunal’s (ITAT) decision to delete an income tax addition under Section 69 of the Income Tax Act, 1961, due to insufficient direct evidence against the assessee. The revenue’s appeal questioned the ITAT’s dismissal of the addition made by the Assessing Officer, arguing that the tribunal erred in focusing solely on cheque transactions while ignoring cash transactions. However, both ...
Author Info
