Addition u/s 68 - AOP - As in the eyes of law there is no ...

Section 68: Assessee Fails to Prove AOP Existence, Faces Income Tax Assessment for Lack of Separate PAN.

April 6, 2016

Case Laws Income Tax AT

Addition u/s 68 - AOP - As in the eyes of law there is no evidence which the assessee has shown about the legal existence of an AOP. Income-tax Dpartment can assess an entity as an AOP only if it has a separate PAN and there is no mechanism in the statute for including the income of an AOP along with return of an individual. - AT

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Addition u/s 68 - AOP - As in the eyes of law there is no ...

Section 68: Assessee Fails to Prove AOP Existence, Faces Income Tax Assessment for Lack of Separate PAN.

April 6, 2016

Case Laws Income Tax AT

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