Unexplained credits - additions u/s 68 - onus to prove - When an ...

Assessees must justify unexplained credits u/s 68 of the Income Tax Act with evidence or risk confirmed additions.

August 8, 2013

Case Laws Income Tax HC

Unexplained credits - additions u/s 68 - onus to prove - When an explanation is called for from the assessee, he or she must take care to substantiate her explanation by such supporting evidence as may be in his or her power to produce. - additions confirmed - HC

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Unexplained credits - additions u/s 68 - onus to prove - When an ...

Assessees must justify unexplained credits u/s 68 of the Income Tax Act with evidence or risk confirmed additions.

August 8, 2013

Case Laws Income Tax HC

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