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Case Law Details

Case Name : DCIT Vs Binod Kumar Singh (ITAT Mumbai)
Related Assessment Year : 2007-08 to 2009-10
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DCIT Vs Binod Kumar Singh (ITAT Mumbai)

This bunch of fourteen appeals are by the Revenue including cross objections by the assessee against separate orders of different dates by the ld. First Appellate Authority, Mumbai. First we shall take up appeal for A.Y. 2008-09 (ITA No.4597/Mum/2012), wherein, first ground raised by the Revenue pertains to deleting the addition of Rs.57,40,09,054/- by the ld. First Appellate Authority by holding the status of the assessee as “non-resident” without appreciating that clause-(b) of Explanation to s

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