Income Tax Addition cannot be based on Conjectures and Surmises: ITAT [Read Order]

ITAT Delhi - Income Tax Addition - ITAT - Taxscan

The Income Tax Appellate Tribunal (ITAT), Delhi bench, while quashing an assessment under the Income Tax Act, 1961, has held that the income tax addition cannot be based on the conjectures and surmises. During the course of assessment proceedings, the Assessing Officer asked the assessee, Mr. Kuldeep Katiyar to submit documents in order to verify…

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Kuldeep Katiyar, Vs ACIT

Case Number:   ITA No.4132/Del/2019

Date of Judgement:   17.05.2022

Counsel for Respondent:   Om Parkash, Sr.DR


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