section 68 and 115BBE

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..... section 68 and 115BBE
Query (Issue) Started By: - VIRENDER GUPTA Dated:- 28-2-2018 Last Reply Date:- 24-7-2018 Income Tax
Got 1 Reply
Income Tax
AO MADE ADDITIONS OF THE AMOUNT ALREADY SH .....

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..... OWN IN PROFIT AND LOSS ACCOUNT UNDER THE HEAD COMMISSION INCOME U/S 68 AND TAXED THIS INCOME U/S 115BBE HOLDING THAT ASSESSEE DO NOT CARRY OUT ANY BUSINESS AND ASSESSEE FAILED TO PRODUCE PERSONS FROM .....

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..... WHOM COMMISSION RECEIVED. DURING THE IMMIDIATLY PRECEEDING YEAR AO HELD THE SAME INCOME AS ASSESSEE'S BUSINESS INCOME. PLEASE ADVISE THE CASE LAWS IN SUPPORT OF ASSESSEE Reply By DR.MARIAPPAN GOV .....

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..... INDARAJAN: The Reply: You may file appeal to the First Appellate Authority citing your own case.
Discussion Forum - Knowledge Sharing .....

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