Assessment u/s 153A - Addition u/s 68 - the burden had shifted ...

Section 153A: Revenue Must Prove Undisclosed Income; AO's Addition u/s 68 Deleted for Lack of Evidence.

June 23, 2018

Case Laws Income Tax AT

Assessment u/s 153A - Addition u/s 68 - the burden had shifted to revenue to show the basis of some reliable and tangible material which could indicate undisclosed receipts out of books of accounts in the hands of assessee. - we cannot improve upon what AO could have done himself - addition made by AO on account of alleged receipts of cash deleted.

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Assessment u/s 153A - Addition u/s 68 - the burden had shifted ...

Section 153A: Revenue Must Prove Undisclosed Income; AO's Addition u/s 68 Deleted for Lack of Evidence.

June 23, 2018

Case Laws Income Tax AT

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