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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Addition u/s 69A - No plausible explanation has come on record ...


Section 69A Income Tax Additions Upheld: Assessee Fails to Provide Cash Book, Lacks Plausible Explanation in Assessment Proceedings.

May 27, 2016

Case Laws     Income Tax     AT

Addition u/s 69A - No plausible explanation has come on record during the assessment proceedings or thereafter as to why the cash book, subsequently relied upon by the assessee, has not been produced before the AO - Additions confirmed - AT

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