Sponsored
    Follow Us:

Case Law Details

Case Name : ITO Vs Rajesh kumar Chhanalal Patel 12 (ITAT Ahmedabad)
Related Assessment Year : 2012-13
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

ITO Vs Rajesh Kumar Chhanalal Patel (ITAT Ahmedabad)

Ahmedabad ITAT upholds CIT(A) order deleting the addition of Rs. 86.75 Cr under Section 69A as Assessee’s unexplained income; Holds that the cash deposited in bank account cannot be treated as unexplained as the Revenue himself in the remand report and on verification accepted that the entire cash deposited was accounted for as sales in the books of the Assessee; Assessee-Individual, engaged in the business of trading in gold and silver on wholesale basis, deposited cash of Rs. 86.75 Cr in his curre

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Author Bio

I am a Chartered Accountant in Practice from last 32 years. Any one who wants to discuss something related to Income Tax can mail me at rajeevjain_ca@yahoo.com or call on 9810581427. View Full Profile

My Published Posts

Correction of TDS Statements: Key Changes in Section 200(3) P&H HC Quashes Section 148 Notice issued by AO – Only NFAC Has Authority P&H HC Quashes Section 148 Notice Issued by AO Instead of NFAC Preparing for ITR Filing for Salaried Individuals: Key Precautions & Checks TDS on annual maintenance charges for maintenance of medical equipment View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031