Case Law Details
Case Name : DCIT Vs GSG Abode LLP (ITAT Ahmedabad)
Related Assessment Year : 2019-2020
Courts :
All ITAT ITAT Ahmedabad
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DCIT Vs GSG Abode LLP (ITAT Ahmedabad)
WhatsApp Chats & Cancelled MOU Not Evidence -ITAT Ahmedabad Quashes On-Money Additions
A search was conducted u/s 132 in the case of land broker Suresh Thakkar. On the basis of alleged incriminating material (digital data, loose papers & WhatsApp chats), assessments u/s 153C were initiated in the case of GSG Abode LLP (purchaser) & original land owners (sellers). AO held that there was payment of on-money of Rs.25 crores over & above the registered sale consideration of Rs.49 crores for land purchased at Sarkhej-Vejalpur, Ahmedabad. AO rel...
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