Addition u/s 68 - Revenue failed to provide that parties were in ...

Revenue Fails to Prove Accommodation Entries for Loans and Share Application; No Surveys on Creditors Conducted.

May 10, 2016

Case Laws Income Tax AT

Addition u/s 68 - Revenue failed to provide that parties were in accommodation entries in form of loan and share application money after charging certain commission as such no survey/search has been carried out on the creditors to prove that these companies are habitual to provide loan/share application money - AT

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Addition u/s 68 - Revenue failed to provide that parties were in ...

Revenue Fails to Prove Accommodation Entries for Loans and Share Application; No Surveys on Creditors Conducted.

May 10, 2016

Case Laws Income Tax AT

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