BHARTI BHUSHAN JINDAL vs. COMMISSIONER OF INCOME TAX LUDHIANA
ITA/385/2014HC Punjab & Haryana03 Jul 2025
Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA
Section 142(2)Section 143(2)Section 260ASection 271Section 36(1)(vii)Section 36(2)Section 41(1)Section 56Section 57
disallowed the return
of unrealized amount of Rs.10,50,000/- and added back the same to the
income of the appellant and penalty proceedings under Section 271 (1)(c) of
the IT Act were initiated for furnishing inaccurate particulars of account.
The appellant filed appeal against order dated 29.12.2006 before the
Commissioner of Income Tax (Appeals)-II, Ludhiana, who vide
