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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Additions u/s 69 - assessee’s father has purchased site in ...


Assessee's Income Incorrectly Increased by Construction Costs; Investment Made by Father u/s 69.

January 27, 2017

Case Laws     Income Tax     AT

Additions u/s 69 - assessee’s father has purchased site in assessee’s name and also the assessee’s father has invested towards construction of property, the A.O. was incorrect in making addition towards cost of construction in the hands of the assessee. - AT

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