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Section 44AD on Govt Charges? ITAT Pune Remands Stamp Duty Facilitator Case
Case Law Details
- Case Name
- Dhanashree Sandeep Shete Vs ITO (ITAT Pune)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
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Dhanashree Sandeep Shete Vs ITO (ITAT Pune)
44AD Applied on Govt Charges? -Stamp Duty Facilitator Case- ITAT Pune Sends Matter Back, Citing Acceptance in 8 Later Years
Assessee, an individual engaged in document-writing & facilitating stamp-duty payments for clients, did not file return for AY 2017-18. AO noticed cash deposits of ₹2,31,14,300 in her current account & reopened the case u/s 147/148. Assessment was completed u/s 147 r.w.s 144/144B determining income at ₹43,87,750 by treating bank deposits as income.
Before CIT(A)/NFAC, Assessee explained that major re...
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