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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Disallowance of salary payment - The AO had recoded the ...


AO Finds No Issues in Salary Payments; No Additions to Assessee's Income Despite Missing Individuals' Statements.

December 24, 2015

Case Laws     Income Tax     AT

Disallowance of salary payment - The AO had recoded the statement of six persons and no adverse inference had been drawn by him. The other four persons were not made available by the assessee as claimed by him that they left the job and are not traceable - No additions - AT

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