Addition of trade creditors u/s 68 - unexplained cash credits - ...

Assessing Officer Criticized for Inconsistent Dual Additions of Cash Sales and Trade Creditors u/s 68.

March 22, 2018

Case Laws Income Tax AT

Addition of trade creditors u/s 68 - unexplained cash credits - AO cannot blow hot and cold at the same time for the reason he has made twin additions out of the trading results i.e., treating the cash sales as cash credit and adding the same u/s 68. - AT

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Addition of trade creditors u/s 68 - unexplained cash credits - ...

Assessing Officer Criticized for Inconsistent Dual Additions of Cash Sales and Trade Creditors u/s 68.

March 22, 2018

Case Laws Income Tax AT

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