Unexplained cash found at the time of search - When assessee ...

Individuals must prove cash found during searches is linked to sales receipts; evidence required if no cash book exists.

June 1, 2015

Case Laws Income Tax AT

Unexplained cash found at the time of search - When assessee does not maintain any cash book, onus is on assessee to establish link between the cash found and receipts from sales by producing corroborative evidence - AT

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Unexplained cash found at the time of search - When assessee ...

Individuals must prove cash found during searches is linked to sales receipts; evidence required if no cash book exists.

June 1, 2015

Case Laws Income Tax AT

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