Case Law Details
Case Name : Manoj Kumar Contractor Vs DCIT (ITAT Delhi)
Related Assessment Year : 2020-21
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Manoj Kumar Contractor Vs DCIT (ITAT Delhi)
Income Tax Appellate Tribunal (ITAT) Delhi, in the case of Manoj Kumar Contractor vs. DCIT, reviewed the net profit addition after the rejection of books of accounts. The appeal pertained to the assessment year 2020-21, where the assessee challenged the enhancement of the net profit rate from 5.04% to 6% by the tax authorities. The dispute arose from the inclusion of interest from Fixed Deposit Receipts (FDRs) and tax refunds in the profit computation, which the Assessing Officer (AO) subsequently excluded while increasing the pr
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.