Follow Us:

Case Law Details

Case Name : Somnath Ramdas Jadhav Vs ITO (ITAT Pune)
Related Assessment Year : 2013-14
Become a Premium member to Download. If you are already a Premium member, Login here to access.

Somnath Ramdas Jadhav Vs ITO (ITAT Pune)

Information Emerged During Search Mandates Action u/s 153C, Not u/s 147: Pune ITAT Holds Reopening Invalid—

Pune Tribunal examined the legality of reassessments framed u/s 147 r.w.s 144/144B & penalties u/s 271(1)(c). AO had reopened the assessments on the basis of information unearthed during a search u/s 132 at M/s Shri Renuka Mata Multistate Credit Society Ltd., where Assessee’s substantial cash deposits (Rs. 50,51,750/- for AY 2013-14) were revealed. Since Assessee failed to file returns or respond to notices, AO treated t

Please become a Premium member. If you are already a Premium member, login here to access the full content.

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

My Published Posts

No Further Section 14A Disallowance After Reasoned Suo-Motu Adjustment ITAT Hyderabad quashes final TP assessment as time-barred despite DRP directions Delay in Filing Appeals Condoned Despite Massive Additions and Penalty Capital Gains Addition Set Aside for Denial of Fair Opportunity Estimated Gross Profit Addition Collapses When Excess Stock Is Not Proved View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
December 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031