Case Law Details
Case Name : Sarla Bhargava Vs ITO (ITAT Jaipur)
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Jaipur
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Sarla Bhargava Vs ITO (ITAT Jaipur)
In the case of Sarla Bhargava Vs. ITO (ITAT Jaipur), the Income Tax Appellate Tribunal (ITAT) ruled in favor of an 82-year-old senior citizen, Sarla Bhargava, who had been subject to a re-assessment under section 147 of the Income Tax Act, 1961. The assessing officer had added an amount of ₹17,52,694 to her income, claiming that it was unaccounted for investment in mutual funds. Bhargava, who had failed to comply with earlier notices due to her age and health issues, argued that the source of the investment was the sale proceeds of a property. However, the...
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VERY BEAUTIFUL JOURNAL SEEN IN MY PRACTISING LIFE AND VERY USEFUL. I AM AN ADVOCATE AND PRACTISING IN INCOME TAX AND GST SINCE 1984. WHAT IS YEARLY SUBSCIPTION TO RECIVE REGULAR COPY OF PUBLICATION OF CASE LAWS IN RELATION TO I.TAX AND GST. MAY I EXPECT SOME RELAXATION OF ANNUAL SUBSCRIPTION.