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Income Tax - Highlights / Catch Notes

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Block assessment - Section 158BC and 158BD - Deduction u/s 80P - ...


Section 80P Deductions Inapplicable to Unexplained Income in Block Assessment u/ss 158BC and 158BD.

August 27, 2013

Case Laws     Income Tax     AT

Block assessment - Section 158BC and 158BD - Deduction u/s 80P - where the addition has been made u/s 68 with respect to the undisclosed deposits, the benefit of Section 80P is not available on such unexplained income. - AT

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