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Case Law Details

Case Name : ACT Vs Nethi Ravi (ITAT Hyderabad)
Related Assessment Year : 2021-22
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ACT Vs Nethi Ravi (ITAT Hyderabad)

Statement u/s 132(4) Prevails Over Afterthought: ITAT Hyderabad Restores ₹2.15 Cr Addition u/s 69A

Hyderabad ITAT ‘DB-A’ Bench, in ACIT  vs. Shri Nethi Ravi (ITA No.594/Hyd/2024, AY 2021-22, order dated 24.12.2025), allowed the Revenue’s appeal and restored addition of ₹2,15,49,000 u/s 69A, reversing the relief gr

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Author Bio

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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