Case Law Details
Case Name : Gaurav Kumar Goenka Vs DCIT (ITAT Chennai)
Related Assessment Year : 2010 - 2011
Courts :
All ITAT ITAT Chennai
Upgrade to Basic or Premium to download.
Already Upgraded? Login here to access.
Gaurav Kumar Goenka Vs DCIT (ITAT Chennai)
It is an admitted fact by the Assessee’s alleged credit card transaction had happened due to an inadvertent allotment of the PAN Number which he never used for filing the return of income but the same was reflected in his credit card expenses and the alleged transaction of Rs.30,75,430/- was treated by the Assessing Officer as unexplained expenses u/s.69C of the Income Tax Act, 1961. However, while deciding the appeal of the Assessee, the learned Commissioner of Income Tax (Appeals) allowed relief to the extent of Rs. Rs.26,66,240/- and the remainin...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
thanks for sharing