Additions merely on the basis of statement - It seems that ...

Case Laws Income Tax

December 30, 2015

Additions merely on the basis of statement - It seems that addition has been made merely on the basis of statement/presumptive basis and no corroborative material has been brought on record. Presumption cannot take the shape of evidence, however, strong it may be - AT

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Additions merely on the basis of statement - It seems that ...

Case Laws Income Tax

December 30, 2015

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