The assessee in first round surrendered income, which was ...

Assessee's Retraction of Undisclosed Income Disclosure Unacknowledged by Authorities; Burden of Proof on Assessee to Justify.

March 18, 2015

Case Laws Income Tax AT

The assessee in first round surrendered income, which was retracted later, cognizance of which has not been taken either by the AO or the CIT(A). The onus is fully upon the assessee to explain with evidence as to the reason why it is retracting from its earlier disclosure of undisclosed income - AT

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The assessee in first round surrendered income, which was ...

Assessee's Retraction of Undisclosed Income Disclosure Unacknowledged by Authorities; Burden of Proof on Assessee to Justify.

March 18, 2015

Case Laws Income Tax AT

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