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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

The addition confirmed u/s 68 as unexplained credit instead of ...


Taxpayer's Section 68 Addition Deleted: Documentary Evidence Proves Source, Identity, and Genuineness of Transaction.

March 21, 2018

Case Laws     Income Tax     AT

The addition confirmed u/s 68 as unexplained credit instead of long term capital gain as claimed by the assessee - however, the source identity and genuineness of the transaction having been established by documentary evidences - Additions deleted - AT

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