Unexplained investment - addition u/s 69 - hawala transactions - ...

Court Rules Hawala Transactions Bogus u/s 69; Receipts in Books Deemed Illegitimate.

July 3, 2018

Case Laws Income Tax AT

Unexplained investment - addition u/s 69 - hawala transactions - since once it is found that the transactions were merely bogus in nature without carrying out any actual transactions, the receipt thereof in the books could not be held to be genuine.

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Unexplained investment - addition u/s 69 - hawala transactions - ...

Court Rules Hawala Transactions Bogus u/s 69; Receipts in Books Deemed Illegitimate.

July 3, 2018

Case Laws Income Tax AT

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