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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Unexplained share application money - A.O. did not perform his ...


Assessing Officer's Oversight on Unexplained Share Application Money Leads to No Additions for Assessee-Company. No Cash Deposits Found.

January 9, 2018

Case Laws     Income Tax     AT

Unexplained share application money - A.O. did not perform his duties at the assessment stage so as to make addition against the assessee-company. No cash was found deposited in the account of the Investor. - No additions - AT

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