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Case Law Details

Case Name : DCIT Vs Hindva Builders (ITAT Ahmedabad)
Related Assessment Year : 2015-16
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DCIT Vs Hindva Builders (ITAT Ahmedabad)

On-Money Can’t Be Taxed in Full: Gross Receipts Not Income: ITAT Ahmedabad Upholds 17% Estimation & IDS Telescoping;  ITAT Confirms Profit-Only Tax on Real-Estate On-Money

The Ahmedabad Bench of the ITAT, vide common order dated 01.01.2026, dismissed the Revenue’s appeals in DCIT v. Hindva Builders

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Author Bio

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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