Search: bogus purchases

4 results for “bogus purchases”+ House Propertyclear

Sorted by relevance

Key Topics

Section 143(3)4 Addition to Income4 House Property3 Section 682 Section 143(2)2 Section 352 Capital Gains2 Unexplained Cash Credit2

ACIT, CIR-1(3), SURAT vs. PRAVIN PANNALAL SHAH, SURAT

In the result, appeal of the Revenue is dismissed

ITA 289/SRT/2022[2014-15]Status: DisposedITAT Surat31 Jul 2023AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.289/Srt/2022 (िनधा"रणवष" / Assessment Year: (2014-15) (Virtual Court Hearing) Assistant Commissioner Of Shri Pravin Pannalal Shah Lal Bunglow, Athwalines, Income-Tax, Circle-1(3, Vs. Surat-395007 Room No.301, 3Rd Floor, Anavil Business Centre, Hajira Road, Adajan, Surat-395009 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Adrps 1045 H (अपीलाथ" /Assessee) (""थ"/Respondent)

For Appellant: Shri Tushar P. Hemani, Sr. Advocate &For Respondent: Shri Vinod Kumar, Sr-DR

Section 142(1)Section 143(2)Section 143(3)Section 68

house property’, income from ‘business and profession’ and income from ‘other sources’ comprising interest income. During the assessment proceedings, the assessing officer observed that assessee has purchased a property amounting to Rs.6,37,97,760/- during the assessment year under consideration. The source of the funds are mostly loans and gifts received by the assessee from various persons during

ACIT, CIR-1(3), SURAT vs. PRAVIN PANNALAL SHAH, SURAT

ACIT, CIR-1(3), SURAT vs. PRAVIN PANNALAL SHAH, SURAT

SHRI MAHENDRA KANJIBHAI BHANUSHALI,VALSAD vs. ASSISTANT COMMISSIONER OF INCOME TAX, VALSAD CIRCLE, VALSAD

KAMLESH KUMAR GADIYA,SURAT vs. INCOME TAX OFFICER, WARD-1(2)(2), SURAT, SURAT

JIGNESH RAJKUMAR MEHTA,SURAT vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), SURAT