Deletion of the addition made by the AO and sustained by the CIT(A).

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Last updated: 03 March 2021
Quick Summary
The Income Tax Appellate Tribunal (ITAT) in Bangalore has ruled on an appeal concerning the Assessment Year 2010-11. The core issue was an addition of Rs. 29 lakhs made by the Assessing Officer (AO) and upheld by the Commissioner of Income Tax (Appeals) [CIT(A)]. The AO had treated a sum deposited into the assessee's bank account as income from undisclosed sources. The appeal was filed by the assessee, M/s Suraj Stones Corporation Ltd., against the CIT(A)'s order.

Court :
ITAT Bangalore

Brief :
This is an appeal of the assessee against the order dated 27.08.2019 of CIT(A)-6, Bengaluru, relating to Assessment Year 2010-11.

Citation :
ITA 52/BANG/2020

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1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

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