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Case Law Details

Case Name : ITO Vs Chikkaankandhalli Raithara Seva Sahakara Sanga Niyamitha (ITAT Bangalore)
Related Assessment Year : 2019-20
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ITO Vs Chikkaankandhalli Raithara Seva Sahakara Sanga Niyamitha (ITAT Bangalore)

Tribunal Upholds Acceptance of Additional Documents in Local Language, Rejects AO’s Addition u/s 69A : ITAT Bangalore

Assessee is a co-operative society extending loans to its members. The case was taken up for assessment since large financial transactions were done by assessee. Assessee filed various details including copy of bank statements, computation of income, form 26AS & other documents in local language. In spite of the documents produced,  AO did not verify some

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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