Section 153A Assessment: Admissions Without Evidence Can't Justify Additions; No Proof of Unaccounted Cash Receipts Found.

Assessment u/s 153A - Unaccounted income on account of under invoicing of sales - Admissions made under such circumstances without the corroborative evidence cannot be made basis for making the additions. Neither evidence was found nor the AO made out a case with the date wise, party wise cash of receipt from each distributor which was said to be unaccounted. - AT .....

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