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ITAT Orders Fresh Review of ₹15.88 Lakh Section 69A Unexplained Income
Case Law Details
- Case Name
- Amit Hasmukhbhai Shah Vs ITO (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2010- 11
- Courts
- All ITAT, ITAT Ahmedabad
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Amit Hasmukhbhai Shah Vs ITO (ITAT Ahmedabad)
TAT Ahmedabad restores ₹15.88 lakh reassessment addition, directs AO to re-verify cash deposits after considering evidence overlooked by lower authorities.
Ahmedabad: The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has remitted a case involving a reassessment addition of ₹15.88 lakh back to the Assessing Officer (AO) for fresh verification. The Tribunal found that both the AO and the Commissioner of Income Tax (Appeals) [CIT(A)] had failed to adequately consider the information and evidence submitted by the assessee during the assess...
