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Case Law Details

Case Name : DCIT Vs Mukeshbhai Madhavlal Patel (HUF) (ITAT Ahmedabad)
Related Assessment Year : 2017-18
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DCIT Vs Mukeshbhai Madhavlal Patel (HUF) (ITAT Ahmedabad) Explained Cash Source: ITAT Deletes ₹1.28 Crore Addition for Demonetisation Deposit;  Proof of Land Sale Prevails: ITAT Upholds Deletion of ₹1.28 Cr Unexplained Cash Addition; Demonetisation Deposit Explained: ITAT Confirms Cash from Agricultural Land Sale Not Taxable;  Cannot Tax Documented Land Sale Proceeds as Unexplained Cash: ITAT Decision; Land Sale Proceeds Can’t Be Treated as Unexplained Cash – ITAT Ahmedabad Deletes ₹1.28 Cr Addition for Demonetisation Deposits Revenue challenged the deletion of addition of ₹1.2...
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CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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