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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Undisclosed income on the basis of client code modification - ...


Assessee's Explanation for Property Investments Accepted; Income Not Added Due to Irregular Statement Timings and Client Code Changes.

April 10, 2015

Case Laws     Income Tax     AT

Undisclosed income on the basis of client code modification - when during the course of assessment proceedings the assessee has given the proper explanation for investment in various properties, the addition cannot be made on the basis of statement made at odd hours. - AT

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