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Commissioner of Income Tax Versus AKME Projects Ltd. - Income Tax - Case Laws

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Commissioner of Income Tax Versus AKME Projects Ltd. - Income Tax - DELHI HIGH COURT - HC - Lack of proper investigation - Held that - The A.O. didnot examine the person who made the unsigned agreement - The Assessing Officer did not make addition of the amount mentioned in the draft agreement to sell but addition of Rs.1.15 crores was made - The draft agreement to sell could have been the starting point of investigation and further detailed verification was not been carried out - In the absen................................... Income Tax - Case Laws

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