Case Law Details
Case Name : ITO Vs Lydia Construction Pvt Ltd (ITAT Ahmedabad)
Appeal Number : I.T.A. No. 729/Ahd/2018
Date of Judgement/Order : 07/08/2024
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Ahmedabad
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ITO Vs Lydia Construction Pvt Ltd (ITAT Ahmedabad)
ITAT Ahmedabad held that restriction of addition to Rs. 1.45 crore from Rs. 9 crore towards unexplained cash credit on account of share application money by CIT(A) justified as the same was based on evidences.
Facts- Assessee filed a “NIL” income tax return f
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