Sponsored
    Follow Us:

Case Law Details

Case Name : JHM Developers Pvt Ltd Vs ITO (ITAT Delhi)
Related Assessment Year : 2011-12
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

JHM Developers Pvt Ltd Vs ITO (ITAT Delhi)

In the case of JHM Developers Pvt Ltd Vs ITO (ITAT Delhi), the assessee challenged the validity of the reopening of assessment for the assessment year 2011-12 under section 148 of the Income-tax Act, 1961. The reopening was initiated by the Assessing Officer (AO) solely for verifying transactions related to the sale of shares amounting to Rs. 26.95 lakh and a commission addition of Rs. 26,950. The AO’s action was based on the need to verify a total of Rs. 57.70 lakh worth of transactions. However, this purpose of reopening w

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

Sponsored

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Your email address will not be published.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 *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31