Addition on account of Suspense Account Treating it as income ...

Income Addition u/s 28(iv) Deemed Unsustainable; Suspense Account Balance Not Upheld for Previous Year.

January 13, 2014

Case Laws Income Tax AT

Addition on account of Suspense Account Treating it as income u/s 28(iv) - Income u/s 28(iv) on account of benefit can be assessed to tax only on receipt basis - the addition made by the A.O. u/s 28(iv) of the Act on account of suspense account balance pertaining to the earlier year is not sustainable - AT

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Addition on account of Suspense Account Treating it as income ...

Income Addition u/s 28(iv) Deemed Unsustainable; Suspense Account Balance Not Upheld for Previous Year.

January 13, 2014

Case Laws Income Tax AT

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