Addition u/s. 69B - unexplained investment in residential ...
Section 69B Addition for Unexplained Investment in Bungalows Rejected; DVO Opinion Insufficient Without Book Rejection.
March 11, 2016
Case Laws Income Tax AT
Addition u/s. 69B - unexplained investment in residential bungalows - the opinion of the DVO per se was not an information and could not be relied upon without books of account, being rejected. Since the books of account had not been rejected in the present case, no addition to be made - AT
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