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Case Law Details

Case Name : Jigna Ashutosh Bhatt Vs ITO (ITAT Mumbai)
Related Assessment Year : 2011-12
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Jigna Ashutosh Bhatt Vs ITO (ITAT Mumbai)

Section 68 Addition Based Solely on Third-Party Statement Deleted—No Credit Entry, No Evidence

The Mumbai ITAT (J–SMC Bench) allowed the appeal of Jigna Ashutosh Bhatt for AY 2011-12 and deleted the addition of ₹39 lakh made under section 68, which arose from reassessment proceedings

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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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