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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Protective assessment - when the AO accepts that the cash ...


Protective Assessment Invalidated as AO Confirms Payment by M/s Om Metal; CIT(A) Deletes Protective Addition.

November 13, 2015

Case Laws     Income Tax     AT

Protective assessment - when the AO accepts that the cash payment has been made by M/s Om Metal then protective addition in the hands of assessee is not sustainable and the same was correctly deleted by the first appellate authority i.e. CIT(A) - AT

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