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Monday, 24 September 2012

Investment out of cash accumulated by assessee accepted

Santokh Ram ITA 24/2011 dated 25-7-2012 of ITAT ASR


The cases relied upon by the assessee are as under:
 i) Shivcharan Dass vs. CIT 126 ITR 263 (P&H)
ii) Bhawna Sareen vs DCIT, Jalandhar, ITA No.217(Asr)/2010 (Amritsar Bench).
iii) ITO vs. Chaman Lal Nagpal , ITAT, Amritsar Bench (2006) 102 TTJ(Asr) 890.
iv) Asstt. CIT vs. Jagdish Raj Chauhan, ITAT, Amritsar  Bench (2006) 100 TTJ (Asr) 64
v) CIT vs. K. Sreedharan 201 ITR 1010
vi) R.K.Dave vs. Ito , ITAT Jodhpur Bench (2005) 94 TT

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