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Case Law Details

Case Name : Babaji Udyog Vs ACIT (ITAT Delhi)
Related Assessment Year : 2017-18
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Babaji Udyog Vs ACIT (ITAT Delhi)

Mustard Oil Trader Gets GP Estimation Relief: ITAT Delhi Rejects 115BBE on Demonetisation Cash

The Delhi ITAT (SMC), in   Babaji Udyog v. ACIT (ITA No. 7958/Del/2025, AY 2017-18; order dated 24.12.2025), has partly allowed the Assessee’s appeal, scaling down the addition made on demonetisation cash deposits and holding that sectio

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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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