Reopening of the assessment under Section 148
Last updated: 07 May 2013
Court :
INCOME TAX APPELLATE TRIBUNAL
Brief :
On the facts and circumstances of the case the ld.CIT(A) erred in deleting the addition of Rs.2,26,248/- made on account of jewellery by ignoring that no investment in jewellery was disclosed and no wealth tax return was filed.
On the facts and circumstances of the case the ld.CIT(A) erred in deleting the addition of Rs.9,41,289/- on account of unexplained credits in two banks accounts.
On the facts and circumstances of the case the ld.CIT(A) erred in deleting the addition of Rs.1,95,193/- made on account of undisclosed interest income.”
Citation :
Deputy Commissioner of Income Tax, Central Circle-25,Janpath Bhawan, New Delhi. (Appellant) Vs. Mrs. Shibani Dutta, C/o Ramanand Aiyar & Co., CAs, 708, Surya Kiran Building, 19, Kasturba Gandhi Marg,New Delhi – 110 001. (Respondent)
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CS Bijoy
Published in Income Tax
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