Undisclosed income U/s 69 - Joint bank account - when it is ...
Undisclosed Income u/s 69: Student Not Liable; Income Should Be Attributed to Parents Instead.
May 9, 2017
Case Laws Income Tax AT
Undisclosed income U/s 69 - Joint bank account - when it is claimed that the assessee (student) could not possibly have any source of income, the addition on his hand is not justified within the parameters of the Income Tax Act. If at all, the additions could have been made, it could have been done either in the hands of the father or the mother of the assessee - AT
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