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Assessee Resorts To Colourable Devices, Sham Transactions To Defraud Dept: ITAT

The Panaji Bench of Income Tax Appellate Tribunal (ITAT) has held that the assessee had resorted to colourable devices and sham transactions in order to defraud the Department by camouflaging its. ....

Inturi Rama Rao , Partha Sarathi Chaudhury , Panaji Bench , Income Tax Appellate Tribunal , Judicial Member , Accountant Member , Income Tax Act , Assessing Officer , For Appellant , Olourable Devices , Sham Transactions ,