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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Reopening of assessment - Tribunal has sustained the addition ...


Tribunal Confirms Additions in Reopened Assessment Due to Assessee's Surrender and Doubts on Share Transactions' Genuineness.

December 7, 2017

Case Laws     Income Tax     HC

Reopening of assessment - Tribunal has sustained the addition not only on the ground of surrender made by the assessee but also after disbelieving the genuineness of the transaction of purchase and sale of shares - additions confirmed - HC

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