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Reassessment Quashed for Wrong Sanction Under Section 151

Case Law Details

Case Name : Blackstone Overseas Pvt. Ltd. Vs ITO (ITAT Kolkata)
Related Assessment Year : 2016-17
Courts : All ITAT ITAT Kolkata
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Blackstone Overseas Pvt. Ltd. Vs ITO (ITAT Kolkata)

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Author Bio

Name: CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka, India
Member Since: 17 Feb 2018 | Total Posts: 4078
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

Income Tax Appeals Dismissed Due to NCLT Moratorium Against Personal Guarantors Unsecured Loans Through Banking Channels Accepted; Section 68 Addition of ₹2.87 Cr Deleted On-Money Addition for Flat Purchase Deleted; Builder’s General Statement Alone Not Enough Bogus Purchase Cases: Only Profit Element Taxable; 4% GP Addition Upheld on ₹5.79 Cr Purchases Recorded Sales Cannot Be Taxed Again u/s 68; Additions Based Only on Third-Party Statement Deleted View More Published Posts

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