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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Additions cannot be made u/s 69C of the Act, as unexplained ...


Section 69C: Unexplained Expenditure Additions Invalid if Based on Loose Slips vs. Official Records Discrepancies.

April 4, 2017

Case Laws     Income Tax     AT

Additions cannot be made u/s 69C of the Act, as unexplained expenditure, towards difference between purchase price found in loose slips and amount recorded in books of account - AT

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