Case Law Details
Case Name : Shaligram Infra Projects LLP Vs JCIT (ITAT Ahmedabad)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Ahmedabad
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Shaligram Infra Projects LLP Vs JCIT (ITAT Ahmedabad)
Background
- A search u/s 132 was conducted on 06.03.2018 in SSS Group (Sangani, Satyam & Shaligram).
- Assessee: Shaligram Infra Projects LLP, engaged in real estate development.
- AO made substantial additions for:
Alleged on-money investments in land & bungalows.
Alleged on-money receipts from sale of flats in projects “Shaligram Plush” & “Lakeview”.
Unrecorded investments in Ambli, Kathwada & Hanspura lands.
Unexplaine
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