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No Section 115BBE addition by considering credits to bank account as income
Case Law Details
- Case Name
- Rohit Goel Vs ACIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
- Courts
- All ITAT, ITAT Delhi
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Rohit Goel Vs ACIT (ITAT Delhi)
Income Tax Appellate Tribunal (ITAT), Delhi Bench, has issued a partial reprieve to Rohit Goel, a Delhi-based trader of spices and dry fruits, in his appeal against the Assistant Commissioner of Income Tax (ACIT) for Assessment Year 2020-21. The appeal challenged additions totaling over Rs. 3.45 crore made by the tax authorities on account of unexplained cash deposits and alleged out-of-book purchases.
Background of the Case
Rohit Goel, operating a proprietorship concern named M/s. Laxmi International and a co-partner in M/s. Laxmi Exports, file...
