Addition as unexplained cash credit u/s 68 - addition on the ...

Section 68: Revenue can't add unexplained cash credit based on witness testimony without assessee's knowledge. Purchases must be genuine.

March 6, 2017

Case Laws Income Tax AT

Addition as unexplained cash credit u/s 68 - addition on the basis of a witness who examined at the back of the assessee - genuineness of the purchases - Revenue cannot make any addition on the basis of a witness who examined at the back of the assessee - AT

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Addition as unexplained cash credit u/s 68 - addition on the ...

Section 68: Revenue can't add unexplained cash credit based on witness testimony without assessee's knowledge. Purchases must be genuine.

March 6, 2017

Case Laws Income Tax AT

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