Unexplained credit u/s 68 - The AO here may have failed to ...

Assessing Officer's oversight on unexplained credit u/s 68 criticized; CIT(A) faulted for inadequate resolution.

March 13, 2015

Case Laws Income Tax HC

Unexplained credit u/s 68 - The AO here may have failed to discharge his obligation to conduct a proper inquiry to take the matter to logical conclusion. But CIT(A), having noticed want of proper inquiry, could not have closed the chapter simply by allowing the appeal and deleting the additions made - HC

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Unexplained credit u/s 68 - The AO here may have failed to ...

Assessing Officer's oversight on unexplained credit u/s 68 criticized; CIT(A) faulted for inadequate resolution.

March 13, 2015

Case Laws Income Tax HC

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