Once source is proved, it is not possible to treat deposits collected from public under provisions of Companies Act as unexplained credits
TG Team
19 Aug 2010
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Income Tax |
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Judiciary
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Income Tax |
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Judiciary
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Case Law Details
Case Name : IThe Mathrubhumi Printing & Publishing Co. Ltd. Vs DCIT (ITAT Cochin)
Related Assessment Year :
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Courts :
All ITAT ITAT Cochin
CASE LAWS DETAILS
DECIDED BY: ITAT, COCHIN BENCH, COCHIN,
IN THE CASE OF: The Mathrubhumi Printing & Publishing Co. Ltd. Vs DCIT, APPEAL NO: ITA Nos. 143 & 144/Coch/2006, DECIDED ON September 25, 2009
RELEVANT PARAGRAPH
10. There is no dispute on th
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