Addition towards probable speculation income - mere speculation ...

Court Rules Speculation Insufficient for Tax Income Additions; Requires Tangible Evidence Like Documents for Justification.

July 23, 2016

Case Laws Income Tax HC

Addition towards probable speculation income - mere speculation cannot be a ground for addition of income. There must be a some material substance either in the form of documents or the like to arrive at a ground for addition of income. - HC

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Addition towards probable speculation income - mere speculation ...

Court Rules Speculation Insufficient for Tax Income Additions; Requires Tangible Evidence Like Documents for Justification.

July 23, 2016

Case Laws Income Tax HC

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