Addition income u/s 68 - the assessee had not earned any ...

Assessee's Speculative Profits Deemed Income Laundering; Additions Confirmed u/s 68 of Income Tax Act.

November 11, 2016

Case Laws Income Tax AT

Addition income u/s 68 - the assessee had not earned any speculation income but had merely laundered his undisclosed income for speculation profits by entering into dubious transactions in order to avail set off against brought forward unabsorbed speculation loss - additions confirmed - AT

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Addition income u/s 68 - the assessee had not earned any ...

Assessee's Speculative Profits Deemed Income Laundering; Additions Confirmed u/s 68 of Income Tax Act.

November 11, 2016

Case Laws Income Tax AT

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