Peak credit - unaccounted transactions - ITAT has ignored ...

Court Criticizes ITAT for Ignoring Key Facts on Investment Source, Shifting Burden of Proof to Revenue Authorities.

July 31, 2013

Case Laws Income Tax HC

Peak credit - unaccounted transactions - ITAT has ignored relevant and material facts and has gone on a tangent without examining the real issue and the controversy, i.e., has the assessee explained the source of funds required for making investment to have turnover - passing the burden on revenue is not correct - HC

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Peak credit - unaccounted transactions - ITAT has ignored ...

Court Criticizes ITAT for Ignoring Key Facts on Investment Source, Shifting Burden of Proof to Revenue Authorities.

July 31, 2013

Case Laws Income Tax HC

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