20 results for “section 68”+ Section 166clear
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In the result, the appeal of the assessee is partly allowed
Bench: Shri Dinesh Mohan Sinha & Shri Bijayananda Pruseth, Accountant Mmber आयकरअपीलसं./Ita No.672/Srt/2024 Assessment Year: (2017-18) (Hybrid Hearing) Devngi Jewellers Pvt. Ltd. Vs. Dcit, 109 -110, Shreyas Diamond Centre, Circle – 1(1)(1), Mini Bazar, Varachha Road, Surat Surat - 395006 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aabcd3227A (Appellant) (Respondent) Appellant By Shri Sapnesh R. Sheth, Ca Respondent By Shri Ravi Kant Gupta, Cit-Dr Date Of Hearing 31/07/2025 Date Of Pronouncement 13/08/2025
166/- as unexplained u/s 68 of the Act and added the same to the total income of the assessee. He passed order u/s 144 of the Act on 31.12.2019, determining total income at Rs.11,65,41,266/- as against returned income of Rs.31,12,100/-. 4. Aggrieved by the order of the AO, appellant filed appeal before