Addition u/s 68 - creditworthiness - The assessee has taken ...

Case Laws Income Tax

July 20, 2016

Addition u/s 68 - creditworthiness - The assessee has taken alleged unsecured loan in systematic manner. In some of the cases cash was deposited one or two days before the money was given to the assessee, and the assessee is man of means. How it can be expected that small farmers not having any regular source of income would give loan in this fashion. - AT

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Addition u/s 68 - creditworthiness - The assessee has taken ...

Case Laws Income Tax

July 20, 2016

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