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Marriage Gift Cash Addition Upheld as Retention After Daughter’s Marriage Was Unexplained: ITAT Delhi
Case Law Details
- Case Name
- Anil Kumar Vs ACIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2022-23
- Courts
- All ITAT, ITAT Delhi
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Anil Kumar Vs ACIT (ITAT Delhi)
Large Household Cash Partly Disallowed Because Personal Savings Were Not Fully Substantiated; Property Sale Cash and Company Funds Accepted Because Supporting Details Were Produced; Cash Found During Search Partly Explained Because Evidence Supported Only Certain Sources; Shagun Money Claim Rejected Because Link With Seized Cash Was Not Established.
The Income Tax Appellate Tribunal (ITAT), Delhi, partly allowed the assessee’s appeal against the order of the Commissioner of Income Tax (Appeals) for Assessment Year 2022-23 concerning an ad...
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