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Case Law Details

Case Name : Sujata Banerjee Vs ACIT (ITAT Delhi)
Related Assessment Year : 2015-16
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Sujata Banerjee Vs ACIT (ITAT Delhi)

Introduction: In the case of Sujata Banerjee vs. ACIT, heard by the Income Tax Appellate Tribunal (ITAT) Delhi, the main issue revolved around the addition of an amount of Rs.2,92,86,700 in the assessment year 2015-16. The appellant, Sujata Banerjee, a non-resident individual and a tax resident of the United States of America (USA), had purchased immovable properties valued at Rs. 2,40,50,300 and incurred additional costs of Rs.52,36,400 towards transfer charges during th

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