ACIT CEN CIR 13, MUMBAI V. 'A' STAR EXPORTS, MUMBAI
ITA 4411/MUM/2014
2011-2012
Pronouncement Date: 31-05-2016
Result: -
Unexplained cash creditRejection of books of accountsUnexplained investmentSale consideration of property below Jantri ValuePresumptive incomeCapital assetBusiness incomeDepreciationIncome from undisclosed sourcesSearch and seizureSalary incomeLoose papers Deemed to accrue or arise in india Cost of acquisitionFair market valueCorroborative evidencesValuation reportSurrender of tenancy right44AD69C45(2)50C133A14A1316869145561321210