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Case Law Details

Case Name : Income Tax Officer Vs Shri Anand Prakash Gupta (ITAT Delhi)
Appeal Number : I.T.A. No. 4026/Del/2011
Date of Judgement/Order : 20/05/2013
Related Assessment Year : 2008- 09
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In this case Assessing Officer noted that from the perusal of the balance sheet and Annexures it was noted that the assessee has taken loans from banks, amounting to RS. 8,32,93,610/- in the form of secured loan and also from other parties, amounting to Rs. 56,20,479/- in the form of unsecured loans. The Assessee has

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