PR. COMMISSIONER OF INCOME TAX vs. M/S ANKIT CHIRAG DEVELOPERS PVT. LTD.
The appeal is allowed to the extent indicated herein-above, leaving
ITA/8/2024HC Rajasthan13 Aug 2024
Bench: MANINDRA MOHAN SHRIVASTAVA,MADAN GOPAL VYAS
For Appellant: Mr. S. Rajeswara Rao, AdvocateFor Respondent: Mr. Ajay Kumrani, Advocate on behalf of Mr. Amit
Section 115Section 143(2)Section 143(3)Section 260ASection 69Section 69A
b) He must be the owner of any money, bullion, jewellery or
other valuable articles;
3
(2024) 3 SCC 378
Page 11 of 17
(Tax Case No.8/2024)
(c) The said articles must not be recorded in the books of
accounts, if any maintained;
(d) The assessee is unable to offer an explanation regarding
the nature and the source of acquiring
