GAURAV AJMERA,RATLAM vs. DCIT(CENTRAL)-2, INDORE
Accordingly, Ground No.2 raised by the Revenue is allowed
ITA 808/IND/2024[2017-2018]Status: DisposedITAT Indore25 Aug 2025AY 2017-2018
Bench: Shri B.M. Biyani & Shri Paresh M. Joshi
Section 115BSection 131Section 132(4)Section 132ASection 143(3)Section 234ASection 271ASection 274
143(3) whereby (i) he made a further
addition of Rs.2,40,000/- being the difference of Rs.49,99,000/- surrendered
but only Rs.47,59,000/- declared in return; (ii) invoked higher rate of tax u/s
115BBE to the entire income of Rs.49,99,000/-; (iii) charged interest u/s 234A,
234B and 234C; and (iv) also recorded to initiate penalty