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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Accrual of income - Addition on account of undisclosed ...


Court Rules on Income Accrual: Transportation Receipts Not Fully Assessee's Income, Received on Behalf of Truck Owners.

July 8, 2016

Case Laws     Income Tax     AT

Accrual of income - Addition on account of undisclosed transportation receipts - as the amount were received by the assessee on behalf of the truck owners and therefore the entire amount cannot be treat as income of the assessee. - AT

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