Case Law Details
Case Name : Mridulla Badarmal Jain Vs ACIT (Gujarat High Court)
Related Assessment Year : 2011-12
Courts :
All High Courts Gujarat High Court
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Mridulla Badarmal Jain Vs ACIT (Gujarat High Court)
he crux of the reasons recorded for reopening reads reads thus :-
4. As per record, the assessee has booked a paper transactions and delivery of commodities in her case has not taken place. There the same is to be disallowed. As the case was not selected for scrutiny, it is therefore, necessary to verify the transactions with respect to the information received as there is an escapement of income of more than 1 lakh as the transactions do not correspond t Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.