Unexplained cash credit u/s 68 - assessee should not be punished ...

Taxpayer Not Penalized for Unexplained Cash Credit: Assessing Officer Failed to Summon Creditors u/s 68.

December 3, 2015

Case Laws Income Tax AT

Unexplained cash credit u/s 68 - assessee should not be punished for his inability to enforce the attendance of the creditors - there is failure on the part of the AO also in not enforcing the attendance of the creditors by issuing summons to them - AT

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Unexplained cash credit u/s 68 - assessee should not be punished ...

Taxpayer Not Penalized for Unexplained Cash Credit: Assessing Officer Failed to Summon Creditors u/s 68.

December 3, 2015

Case Laws Income Tax AT

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