Case Law Details
Case Name : Mohit Singh L/H of Late Shri Balwant Singh Vs JCIT (ITAT Delhi)
Related Assessment Year : 2011-12
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All ITAT ITAT Delhi
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Mohit Singh L/H of Late Shri Balwant Singh Vs JCIT (ITAT Delhi)
As pointed out on behalf of the assessee, an assessment under Section 143(3) r.w. Section 147 was completed in the instant case, wherein the Assessing Officer has not observed any repayment of loan in cash as alleged in the penalty order. On perusal of the loose paper no.98, we find that no such amount of Rs.2 lac is borne out in the loose paper, insofar as Financial Year 2010-11 relevant to Assessment Year 2011-12 in question is concern. We als
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