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Case Law Details

Case Name : DCIT Vs Educo Ventures Pvt. Ltd. (ITAT Kolkata)
Related Assessment Year : 2014-2015
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DCIT Vs Educo Ventures Pvt. Ltd. (ITAT Kolkata)

Section 68 on Shaky Ground — Old Advances, Repaid Loans & Dumb Notings Can’t Justify Additions; Only Profit Estimation Survives

Kolkata ITAT decided a large batch of cross-appeals in the case of Educo Ventures Pvt. Ltd. covering AYs 2014-15, 2015-16 & 2020-21, substantially upholding relief granted by

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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

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