This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Directs AO to Re-adjudicate Full Bank Deposit Addition
Case Law Details
- Case Name
- Sanjay Vrajlal Kothari Vs ITO (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Sanjay Vrajlal Kothari Vs ITO (ITAT Mumbai)
Introduction: In the recent decision of Sanjay Vrajlal Kothari Vs ITO by ITAT Mumbai, the court reviewed the addition of the entire amount of deposits made in the bank account of the assesse. This case, pertinent to the Assessment Year (A.Y.) 2006-07, brings to light a substantial query regarding the correct assessment of deposits in the form of cash and cheques.
Detailed Analysis: The case revolves around the appeal filed by the assessee against the order passed by the ld. CIT(A) NFAC. It examines the treatment of Rs. 97,69,197/- in...
