Undisclosed current asset - the impugned addition was part of ...

Court Rules Undisclosed Asset Already Reported in Income; Cannot Be Taxed Again Due to Accounting Principles Violation.

February 8, 2017

Case Laws Income Tax AT

Undisclosed current asset - the impugned addition was part of gross receipt and as shown income in the profit and loss account, thus, it can not become an addition again bringing the same for taxation for not following the principles of accountancy - AT

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Undisclosed current asset - the impugned addition was part of ...

Court Rules Undisclosed Asset Already Reported in Income; Cannot Be Taxed Again Due to Accounting Principles Violation.

February 8, 2017

Case Laws Income Tax AT

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