Addition u/s 68 - genuineness of the creditors - the burden ...

Taxpayer Must Prove Creditor Identity and Creditworthiness u/s 68; Revenue Not Obligated to Investigate Further.

March 2, 2017

Case Laws Income Tax AT

Addition u/s 68 - genuineness of the creditors - the burden cannot be shifted to the revenue to find out from the creditors about their identity and credit worthiness after receiving the names and addresses of the creditors - AT

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Addition u/s 68 - genuineness of the creditors - the burden ...

Taxpayer Must Prove Creditor Identity and Creditworthiness u/s 68; Revenue Not Obligated to Investigate Further.

March 2, 2017

Case Laws Income Tax AT

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